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National Referendum on the European Union

Absolutely; I agree with my hon. Friend. When is the right time? Net contributions of £9 billion are not loose change in our politics. We are on the cusp of a potentially new, more deeply integrationist treaty and an irreversible hard EU monetary union with profound ramifications for the future of this country, particularly for the City of London. I have to say to the Foreign Secretary, who is now on his flight to Canberra, that he once described the euro as"““a burning building with no exits””," but he seems happy now to provide new mortice locks for the windows and the doors. The House of Commons should be allowed a free vote and an unfettered debate on this issue. The Government have no mandate to whip the vote as they have this evening. No one has a mandate since all the parties effectively reneged on the Lisbon treaty prior to the last general election. I have to say, as a former Whip, that this has been a catastrophic mismanagement for my party. We should have been able to show to our people that we were mature and that although we had logical differences, we would respect each other so that the integrity of Parliament would have been improved as a result. Instead, we have had the heavy-handed whipping that we have seen tonight. We can no longer exclude the people of this country—in the era of Twitter, Facebook and the internet—from the decision-making processes. We cannot infantilise them and make them look foolish as if only we, with the political elite and the plutocratic, bureaucratic elite of Europe, know what we are doing and they are too stupid to understand because they are the little people. It will not do any longer. The people's voice will be heard. I gave my maiden speech in June 2005. I said then that"““all political power is merely a leasehold held on trust and…it can be removed at any time. The people of Peterborough put their trust in me…I promised not to let them down””.—[Official Report, 6 June 2005; Vol. 434, c. 1078.]" It is a leasehold; we cannot sell the freehold of our birthright, our democracy and the freedom of our country. I have no intention of breaking the bond of trust I made with my constituents in Peterborough. If we cannot debate the biggest constitutional issue of our generation here in the very cockpit of democracy in the House of Commons, why are we here? That would make manifestos a sham and elections meaningless. For me, constituency and country must come before the baubles of ministerial office. I will keep that faith with my constituents and, with a heavy heart, I will vote for the motion and take the consequences.