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  • 2 days ago
Liberal Democrat leader Sir Ed Davey says "the only way" the UK will see economic growth is by rejoining the EU's single market and customs union, which he says wouldn't involve fully becoming part of the EU again. Report by Keechl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00The economy needs to grow so businesses can earn more money and they can employ more people
00:05and we can get tax back into the Exchequer so we can cut the taxes for everyone else.
00:10And the only way you're going to grow the economy if we improve our trading relationship with Europe,
00:14that means back in the single market, back in the customs union,
00:17and that way we can get the money to raise the personal tax allowance and cut people's taxes.
00:22So close relationship with the EU, does that require a referendum?
00:25No, there are many countries outside the EU that are part of the single market, part of the customs union.
00:31Let's get that done and if we have a better trading relationship with Europe
00:35and a better defence relationship with Europe, we can build a stronger economy and a safer country.

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