Britain could leave the EU as early as next year

Genelec2015 david cameron worriedREUTERS/Toby MelvilleBritain’s Prime Minister David Cameron pauses as he speaks at an election rally in Hendon in north London, Britain May 5, 2015. Britain will go to the polls in a national election on May 7

Britain could potentially leave the European Union as early as next year as Prime Minister David Cameron is allegedly already putting plans in motion to bring forward an in/out referendum by a year.

If Britons vote to leave the EU, this means the country could technically start severing its ties by the end of 2016.

The Conservatives won the May 7, General Election with a 12 seat majority. The Tories will have to deliver a referendum by 2017 over whether Britain will stay part of the EU or not, since it was a linchpin pledge during the campaign.

According to the Guardian newspaper, which cited unnamed government sources, Cameron is keen to move the referendum forward, in order to capitalise on Tory support and to avoid being caught up in the French and German elections in 2017.

“The mood now is definitely to accelerate the process and give us the option of holding the referendum in 2016,” said one of the Guardian newspaper’s sources. “We had always said that 2017 was a deadline rather than a fixed date.”

Another source said, “it was made pretty clear that the European council [the grouping of the EU’s 28 leaders] would not engage seriously until the election result was clear. Now they know they have to deal with us and they want the UK to stay in the EU.

“We expect the negotiations to take place in 2015 and 2016 so they finish well ahead of the French presidential elections [in the spring of 2017] and the German federal elections [in September 2017].”

EU referendum pressure

The Conservatives are under pressure to hold an EU referendum amid growing disdain for the 28-member bloc’s influence over the UK.

In an ING analyst note this week, the group highlighted how the latest Eurobarometer public opinion survey shows just 23% of Britons have a “generally positive” view of the EU, with only Greece having a lower rating (22%).

Couple this with the fact that 3.8 million people who voted for the UK Independence Party, which is opposed to staying in the union, and the number of Eurosceptics from other political factions and it could be a very real threat to Britain’s EU membership.

However, although the Tories are pushing through the promise of a referendum, the party is largely against leaving the EU.

In January last year, UK Chancellor George Osborne said that the Tories were determined to deliver on the promise of a referendum but they would prefer to stay within the EU and negotiate “a better deal.”

“Our determination is clear: to deliver the reform and then let the people decide,” said Osborne in a speech at a Tory party conference on January 14. “It is the status quo which condemns the people of Europe to an ongoing economic crisis and continuing decline. And so there is a simple choice for Europe: reform or decline.”

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