British PM to offer 'in-or-out' referendum on EU after 2015

Prime Minister David Cameron will on Wednesday propose holding a referendum after 2015 giving British people the choice of staying in or leaving the European Union.

Cameron will say in a speech he wants to renegotiate the terms of Britain's membership of the EU and that "when we have negotiated that new settlement, we will give the British people a referendum with a very simple in-or-out choice".

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