Business Secretary Vince Cable has hit out at the EU referendum Bill, saying leaving the EU will create a lot of uncertainty for millions of British businesses and could threaten the UK's fragile recovery. Branding the move untimely and unhelpful, he said:
"This is just reopening a Pandora's box which potentially is not only damaging to them as a party, but it is damaging to the country."
Cameron has pledged to back a Conservative MP's EU referendum bill, as Cable labelled the move potentially 'damaging' for the country.
114 Conservative backbenchers have voted in favour of a eurosceptic motion to amend the Queen's Speech in defiance of the Prime Minister.
David Cameron has denied he has buckled under pressure from his backbench MPs over the EU debate.