In recent weeks Ed Balls has been offering a new reason to vote Labour: it was his party, he says, that saved Britain from joining the euro. Now, the shadow chancellor is free to say what he wants — and in a way, I’m pleased that he feels the need to convey such an impression. But the true story of how Britain was saved from the euro is somewhat different.
It all happened nearly a generation ago, between 1995 and 1997, when I was in my very early twenties. It was my father, James Goldsmith, who set out to ensure that Britain would never join the euro without the consent of the people. He dedicated the last years of his life to the cause. My mother campaigned in his constituency for 12 hours every day. He gave it all he had: he was battling terminal pancreatic cancer and died in July 1997, just weeks after the general election.
James Goldsmith formed the Referendum party in 1995 and called for a full referendum on Britain’s membership of the European Union. In doing so, he unleashed a chain of events that led inexorably and inevitably to a public veto on joining the single currency.
It started with an interview on the BBC’s Breakfast with Frost. He pledged that he would fully fund a candidate in every constituency in Britain to fight the 1997 general election on a single policy: the right of the British people to decide their future in Europe. No political party was willing to offer a referendum — he wanted to put that right.
To my father, the euro was obviously the most immediate threat from the EU, but it was not the only one. He was appalled that EU law could override our sovereign parliament, and by the bureaucratic assault on ancient English civil liberties such as habeas corpus.

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