City fear over Cameron’s EU demands

Article reported that the City of London had raised deep concerns over UK Prime Minister David Cameron’s strategy in Europe in June 2012, warning that the prime minister’s wishlist of 'safeguards' in December 2011 could actually have damaged its standing as Europe’s financial centre.

The differences over Britain’s diplomatic priorities, first aired earlier in 2012, took on renewed significance just days ahead of the European Council summit of 28-29 June 2012 as Mr Cameron prepared a fresh list of demands for legal protections if a European 'banking union' were formed.

ESO: Background information: Cameron bids Europe a Churchillian goodbye http://www.europeansources.info/record/cameron-bids-europe-a-churchillian-goodbye/

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