Jeffrey: Why Cameron was right to veto the EU treaty

EU TREATY VETO

Cazenove CIO Richard Jeffrey outlines two reasons why the UK Prime Minister was correct to risk the ire of European leaders by vetoing a new EU treaty.

"When I see a bird that walks like a duck and swims like a duck and quacks like a duck, I call that bird a duck" So, did Mr Cameron make the correct judgment call? It would seem from opinion poll surveys that a majority of the population feel he was right to keep the UK on the side-lines of a new treaty, even if that involves the UK being shunned for a while by our European near-neighbours. Even so, there remains a sizeable minority that is troubled by a stance they regard as an act of intransigence by the Prime Minister. There are two very good reasons why I think Mr Cameron was r...