LONDON (Reuters) - A British exit from the European Union would be a dreadful decision that would cost billions of pounds and leave the world's sixth largest economy isolated, former Prime Minister John Major was quoted as saying on Friday.
Prime Minister David Cameron has promised to try to renegotiate the terms of his country's EU membership before holding an "in-out" referendum if re-elected in 2015, which could lead to Britain dropping out of a club it joined in 1973.
Major, who served as prime minister from 1990 to 1997, backed attempts to renegotiate Britain's EU ties but said the government needed to be realistic about what it could achieve.
In a speech to business leaders at the Institute of Directors, Major said Britain would pay a severe price if it left the EU.
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http://uk.news.yahoo.com/eu-exit-dreadful-britain-says-major-100833463.html

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no wonder we're cking broke. Maybe it's time to have a 'Buy British' drive, which if all those who complained about the EU took up, we could end up being a net exporter and therefore drag ourselves out of debt - which we are failing to do unlike Germany.
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