Finessing the coalition’s EU referendum lock
The Coalition Government’s proposal for a ‘referendum lock’ on future transfers of powers to the EU has already been branded “worthless” by some Tory backbenchers . It’s easy to share their frustration at the Coalition’s lack of interest in EU reform so far. After all, the Government has chosen to opt in to the European Investigation Order; signed up for new EU financial supervisors; and chosen not to challenge the UK’s participation in the eurozone bailout (making British taxpayers potentially liable for up to £8 billion in loans to eurozone governments). However, the referendum lock is still significant. New crises, situations and politicians’ egos will always drive the need for