Prime Minister targets infrastructure in latest Brexit argument

PM David Cameron has warned that leaving the European Union will put billions of pounds of UK infrastructure investment at risk, writes property developer Richard Carr.

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Richard Carr's thoughts on government Brexit tactics

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According to the PM, leaving the EU would result in Britain terminating its membership with the European Investment Bank therefore “putting the brakes” on crucial UK infrastructure projects.

Over the past three years the bank has invested over £16bn in UK projects.

Cameron said: “Vital projects across every region of the UK have been financed by the EIB.

“Not only would leaving the EU see us wave goodbye to this crucial funding – but, with a smaller economy hit by new trading barriers and job losses, it’s unlikely we’d be able to find that money from alternative sources.

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