Clegg fury over EU defeat vote

Deputy Prime Minister Nick Clegg has warned Tory rebels who combined with Labour to inflict a damaging defeat on the coalition that they have "absolutely no hope" of achieving their goal of forcing the European Union (EU) to cut spending.

View all 37 updates ›

Nick Clegg makes case for Britain's support of single market

The Deputy Prime Minister made an argument for Britain's support of the single market, saying that British jobs depend on it. He said:

"Around one in every ten jobs in Britain relies on British trade within the single market."

"One of the reasons big multinationals come here is because we offer a launching pad to the worlds largest borderless marketplace.

A steelworker in the rail track production section at the Tata Steelworks in Scunthorpe, Lincolnshire Credit: Anna Gowthorpe/PA Archive/Press Association Images

"Think of the big employers whove set up operations here: Samsung, Tata, Siemens. The automotive giants helping drive the renaissance in the UKs car industry: Nissan, Honda, BMW, Toyota."

"These companies need to be reassured that we will continue to be the best bridgehead into the European market."

More top news