Agenda item

The Chairman of the Policy and Resources Committee gave a detailed update on the developments since July last year on the debate on the UK’s relationship with the European Union. He reassured Members that the statement contained nothing new in respect of the City Corporation’s policy or approach. He concluded that the debate would continue for quite some time and explained that it was essential that the City Corporation continued to contribute and work with its business stakeholders to ensure that their views were being articulated and to work with HM Government to help inform an agenda for reform in Europe that would deliver jobs and growth across the continent.

In response to Members’ questions the Chairman stated that:-

- the question of Scottish independence was  a matter for the Scottish electorate;

- he would look into the City Corporation’s association with the pressure group ‘Migration Matters’; and

- there was no unanimous appetite in EU countries for the financial transaction tax and any such tax would have an effect on the UK whether or not Britain was in the EU.