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EU to review agenda following landmark voting results

The European Union is to review its agenda, following significant gains by anti-EU parties in the European elections.

Speaking after the landmark results, European Council President Herman Van Rompuy highlighted the importance of focusing on supporting economic growth and boosting employment, as well as striking the right balance when setting policies at European or national levels.

The British Chambers Of Commerce (BCC) called on the Prime Minister and MEPs to act ‘in the national interest’.

John Longworth, Director General of the BCC, said, ‘Much is at stake for British business during the next European mandate. For that reason, we expect all of Britain's MEPs to play a full and active role in the EU policy process - promoting and defending our country's economic interests at every opportunity. Building coalitions to promote free trade agreements, protect our labour market flexibility, avoid unnecessary regulation, and defend the interests of non-Eurozone countries like the UK will be absolutely vital’.

According to recent research conducted by the BCC, UK businesses favour a ‘pragmatic’ rather than an ideological approach to membership of the EU, with 24% of firms arguing that a drop in the EU’s economic performance would constitute a reason to leave the EU, and 48% citing increased political integration as a reason to terminate the UK’s membership.

However, 61% of businesses believe that a full withdrawal from the EU would have a negative impact on their prospects