Dixon: How the EU could woo the UK

By Hugo Dixon
November 23, 2015

The British prime minister wants to rework the UK’s relationship with Europe. Once complete, other EU leaders could launch a charm offensive to persuade Britain it is valued and influential, and to vote to stay in the union. Here’s what Merkel, Hollande, Renzi, et al could say.

Dixon: Brexit debate should start with trade

By Hugo Dixon
November 9, 2015

The chances of the UK voting to quit the European Union are high. The damage to business if it does leave would be high too. Trade ties, and the difficulty of replacing them from outside the EU, should be front and centre of the debate.

Corbyn’s good idea on EU outweighs the bad

September 18, 2015

The new opposition leader will campaign to stay in the European Union in the UK’s forthcoming referendum. Less smart is Jeremy Corbyn’s vocal support for a financial transactions tax, which could hit growth. Still, investors will take a duff levy over EU isolation.

Cameron’s EU bind has a Marxist tinge

September 11, 2015

A European court ruling on what qualifies as working time has irked employers and delighted unions. Prime Minister David Cameron faces a dilemma as he tries to renegotiate Britain’s ties with the EU before a planned referendum. Satisfying one camp risks alienating the other.

Tide flows against UK’s pro-EU campaigners

July 24, 2015

Polls right now suggest Brits want to stay in Europe. Yet the rough handling of Greece and a proposed transatlantic trade deal are alienating left-leaning voters. Meanwhile, potential sops to those worried by immigration are very unlikely to placate eurosceptics on the right.

Cameron has work cut out to sustain relief rally

May 8, 2015

UK stocks and bonds, and the pound, have jumped on the Conservatives’ surprise election success. That’s to be expected given fears of a messy outcome. But the result leaves open questions on EU membership and Scotland. Such uncertainties could hold back investment and growth.

Cameron takes deficit amnesia to a new level

October 1, 2014

The UK prime minister crowed when opposition leader Ed Miliband forgot the deficit in a keynote speech. Yet David Cameron has gone further, insisting on the need to tackle the country’s biggest problem and then pledging a tax giveaway. It’s an electoral bribe he can’t afford.

Euro-recession, not rebellion, is what boxes UK in

October 26, 2011

An E.U. protest vote by members of his own party has knocked the UK prime minister. For the moment, the Conservative party rebellion is largely symbolic. But it could be the thin end of the wedge. David Cameron, just like Margaret Thatcher before him, risks being undermined by his party's euro-divisions.

UK’s euro isolation may backfire on City of London

December 9, 2011

David Cameron says he was defending Britain’s financial industry when he opted out of the pan-European deal to save the euro zone. But the prime minister’s stand leaves the City exposed in Europe - and at home. And it further diminishes the UK influence over designing new rules.

UK would gain from intelligent industrial policy

March 8, 2012

British politicians have long shied away from coherent long-term economic plans. But ad hoc decisions on technologies, infrastructure, immigration and banking are not good enough. Vince Cable, the business secretary, is right to call for a new vision.