Mr Cameron has reaffirmed his promise to get migration down to tens of thousands, from the net figure of more than 300,000 currently. It is a popular pledge, but it does mean he needs to get control over our borders and welfare system from the EU. I look forward to seeing more of the detail of what he wants for the UK.
The mood has changed in the rest of the EU. Now they know there will be a referendum in the UK on EU membership, many are desperate to keep us in. They want us to carry on sending them a large financial contribution every year. They want to carry on exporting large quantities to us, which I can assure them is not in doubt even if we do leave. They say they value the UK’s general political contribution to the EU’s presence in the world, though they do not seem to want to implement anything like the UK’s vision of what the EU should do, and how much less it should boss us around.
The good news is the bulk of the EU is in the Euro and needs to make more progress to its political union which we cannot possibly join. This means we need to define a new relationship, where they are governed more from Brussels and we are governed less. We also need to call a halt to the black propaganda of some, saying that a Brexit would be a disaster for us and a catastrophe for them. Brexit should mean a freer more prosperous UK, and also mean the rest of the EU can make more rapid progress to the transfer union, common taxation, common budgets and the rest that they need to make a success of their currency. It means the UK could negotiate its own trade treaties with the faster growing parts of the world, decide who to let in to our country, have cheaper energy, and regulate in ways that help people and business.
Mr Cameron has said he wants more control for our national Parliament, has said borders and welfare should be under out control and has reaffirmed his migration target which requires that. Let’s see what he now proposes in more detail to implement a vision of national Parliaments as the main decision takers, as set out in the Bloomberg speech.