By Maximilian Clarke

The UK’s Government’s mandate to protect the country’s interests regarding the European Union has lead to speculation over the country quitting the Union.

Writing in Wednesday’s Times newspaper, Prime Minister David Cameron stressed that it was in the national interest to remain in the Union but that and new rules introduced by changing the EU treaty cannot be done at the expense of the UK. This has led to speculation that contrasting interests may undermine negotiations, which, backed by increasingly popular demand, may prompt a referendum which could see the UK leave the EU.

Prominent bookkeepers, William Hill, have slashed their odds for the UK to pull out of the European Union before the next General Election takes place from 33/1 to 20/1.

“With David Cameron talking about the possibility of vetoing proposals designed to protect the Euro, some political pundits and punters believe there could be a chance of the UK leaving the EU in the relatively short term future”, said Hill’s spokesman Graham Sharpe.

Meanwhile, Boris Johnson has also given an opinion that problems over reorganising the eurozone could result in a UK referendum on the matter and Hills currently quote him as 1/3 favourite to win the Mayoral election (with Ken Livingstone at 9/4) and Boris is also 4/1 favourite to be the next Leader of the Conservative Party.

“We believe that Boris may have spotted an opportunity to cause a little mischief which will do his own prospects of eventually leading the Tory Party no harm whatsoever”, continued Sharpe.

Join us on
Follow @freshbusiness