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European Union Bill

To be fair to the hon. Member for Cheltenham, he has an honourable and consistent approach to these matters which has a lot of appeal in the country. He is in favour of a more integrated Europe and of expanding the competences of the EU in co-operation with Europe. That is an honourable point of view to take. I take a slightly different view, but I respect him for his views. However, I would point out to him that of all the safeguards that have been mentioned, the one that seems to have been most satisfactory—it is possibly the only one—is the opt-out. When one surveys the history of this country's participation in the EU, the areas in which people take most satisfaction are those from which we opted out, foremost among which is the single European currency. Some people say that that was one of the greatest achievements of our European policy. All the things that we have gone along with are the subject of great dissatisfaction.