Business leaders sign letter of support for Cameron

The Prime Minister's plan to renegotiate Britain's relationship with the EU was boosted today by 56 leaders of industry and the City calling the strategy "good for business and good for jobs in Britain".

Signatories to the letter to The Times (£) included London Stock Exchange chief executive Xavier Rolet, Standard Chartered chairman Sir John Peace and Diageo chief executive Paul Walsh.

Read our Economics Editor's blog on how business leaders in Davos have reacted to David Cameron's speech.

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Clegg criticises EU referendum

David Cameron's EU referendum promise is "not in the national interest" and risks derailing the fragile UK economy, Deputy Prime Minister Nick Clegg warned.