Brexit would hit our customers, says Barclays

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Barclays has waded into the debate over Britain&&num;8217&semi;s membership of the European Union&comma; claiming a Brexit would leave customers worse off&period;<&sol;p>&NewLine;<p>The chairman of the banking giant John McFarlane said the UK and international economy was &&num;8220&semi;enhanced&&num;8221&semi; by Britain remaining a member of the EU&period;<&sol;p>&NewLine;<p>His comments came as insurer Legal &&num;038&semi; General said it had not taken a view on whether Britain should stay in Europe&comma; but said the current economic case for leaving was &&num;8220&semi;unproven&&num;8221&semi;&period;<&sol;p>&NewLine;<p>Barclays&&num;8217&semi; stance will be seen as a boost for the UK prime minister David Cameron who is campaigning for Britain to remain in the EU ahead of the referendum on Thursday June 23&period;<&sol;p>&NewLine;<p>Cameron has already won support from corporate heavyweights&comma; such as Shell&comma; BAE Systems&comma; BT and Rio Tinto after the chairmen and chief executives from around 30 FTSE companies urged Britain to stay in Europe&period;<&sol;p>&NewLine;<p>Mr McFarlane said it was in the interest of Barclays&&num;8217&semi; &&num;8220&semi;customers and clients for the UK to remain in the EU&&num;8221&semi;&period;<&sol;p>&NewLine;<p>He said the bank was also pressing the case to stay in because of the key services it offers European companies from London&period;<&sol;p>&NewLine;<p>He added&colon; &&num;8220&semi;More importantly&comma; we are heavily reliant on a successful UK domestic and international economy and feel this is enhanced through the UK&&num;8217&semi;s membership&period;&&num;8221&semi;<&sol;p>&NewLine;<p>In a statement&comma; Legal and General said it would keep the referendum &&num;8220&semi;under review as more and better data and analysis emerges&&num;8221&semi;&period;<&sol;p>&NewLine;<p>However&comma; it said an exit vote would lead to a lengthy period of renegotiation&comma; creating &&num;8220&semi;uncertainty for markets and the broader UK economy&&num;8221&semi; in which it operates&period;<&sol;p>&NewLine;<p>It added&colon; &&num;8220&semi;As one of the largest investors in the UK&comma; we will be actively listening to companies we invest in&comma; who will be assessing the potential impact for themselves&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Fears that Britain may head for the European exit door has caused the value of sterling to fall to seven-year lows in previous market sessions&period;<&sol;p>&NewLine;<p>Researchers at HSBC said the value of the pound against the dollar could plummet by as much as a fifth if market uncertainty around Brexit persists&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-6902f9fa3a6e4">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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