European Union (Referendum) Bill

I will not give way, because I want to make progress. The Conservative approach to Europe undermines the prospects for growth, because, as my hon. Friend has just made clear, it creates unnecessary uncertainty that could undermine investment, because it risks Britain sleepwalking to the exit of the European Union precisely when the economic benefits of membership are most needed, given the stagnating economy. At least we have the courage to acknowledge that membership of the European Union is vital to the economy of the United Kingdom, not least because of the benefits of free trade and integration in the world’s largest trading bloc.