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Labour take out full-page Financial Times ad warning of risks of Brexit threat

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By John Glenday, Reporter

March 30, 2015 | 2 min read

Labour have kicked off the official countdown toward the general election by taking out a full page advert in today’s Financial Times in which they warn of the economic threat presented by a potential British departure from the European Union.

It comes as the party launched a 22-page business manifesto designed to articulate its support for British business.

The party is seeking to get on the front foot with the business community by citing its commitment to keeping the UK within the continental grouping and quotes leading business figures who share its view- following a blunder by shadow chancellor Ed Balls who failed to cite key supporters when grilled on Newsnight, naming only ‘Bill Somebody’.

These include Gina Miller, founding partner of SCM Direct, Sir Andrew Cahn, vice chairman of Nomura and Jonathan Myers, head of Kelloggs UK.

In their ad Labour stated: “The biggest threat to British business is the threat of an EU exit. Labour will put the national interest first. We will deliver reform not exit.”

The Conservatives are committed to holding a referendum on EU membership by 2017 if they win re-election.

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