Speaking to ITV News, Sir Victor said that the uncertainty for business caused by the possibility of Britain’s withdrawal from the EU is disastrous, and backed Ed Miliband’s pledge that a referendum would only be held by a Labour government if new powers were transferred to Brussels.

Sir Victor said: “The uncertainty is disastrous for Britain and for British business, and whether you support Ed Miliband or David Cameron, frankly most businesses want certainty.”

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Video supplied courtesy of ITV News.