Cable warns Cameron not to 'gamble' over Europe

Vince Cable will urge David Cameron not to take a "dangerous gamble" with the national interest today as the Liberal Democrats mount pressure over Europe.

On the eve of the Prime Minister's expected announcement of a future referendum on UK membership of the EU, he will reinforce warnings the strategy risks damaging economic recovery.

Vince Cable at the Liberal Democrats' annual conference last September Credit: Lewis Whyld/PA Wire

Any effort to negotiate large-scale exits from existing EU powers would make it "next to impossible" to safeguard Britain's best interests in the single market, the Business Secretary will suggest.