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PM David Cameron said Even if leave from the EU Britain does not ostracize Europe / UK News

David Cameron has defended his decision to table a referendum on Britain’s membership of the European Union in a speech at the Davos summit.

The Prime Minister’s address at the World Economic Forum in Switzerland focused on Britain’s priorities during its presidency of the G8 and particularly tackled tax evasion and avoidance.

But despite his aides insisting he would not discuss his position on the EU, he dedicated a section of the speech to insisting that he was right to try and achieve a new settlement.

He insisted: “This is not about turning our backs on Europe. Quite the opposite. This is about how we make the case for a more competitive, more open and more flexible Europe and how we secure the UK‘s place in it.”

Setting out his case for reform, Mr Cameron added: “It is not just right for the United Kingdom, it is necessary for Europe.

“Europe is being out-competed, out-invested, out-innovated and it is time we made the EU an engine for growth, not a cause of cost for businesses and complaint for its citizens.”

At Davos, the Prime Minister is meeting with some European leaders face-to-face for the first time since his landmark announcement on EU policy on Wednesday.

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