Jim Mellon: PM's "key error" in EU negotiation

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British Investor Jim Mellon, worth an estimated £850 million, believes Britain leaving the European Union is the best decision for business. Mr Mellon also believes David Cameron has made a “key error” in his negotiations with the European Union. Mellon told Today: “He (Cameron) has already indicated he wants to stay in Europe… no matter what terms are negotiated he’ll be backing the pro-European course.” He added: “I think they (the government) are going to come out and support remaining in the European Union and they’ll get very few concessions from the EU.”