
Britain is not trying to obtain a special deal for the City of London as it renegotiates the terms of its European Union membership, but does want a fair deal for all non-euro zone members, Chancellor of the Exchequer George Osborne said on Thursday.
Osborne said Britain’s fellow EU members had accepted the principle of a renegotiation and of a change in Britain’s relationship with the bloc, and that discussions with the EU Commission and Council were now moving into a technical phase.
The Conservative government has pledged to negotiate better terms for Britain and then hold a referendum by the end of 2017 on whether to stay in the union or leave.