Conservative Tim Loughton 'undecided' on EU referendumpublished at 12:25
"We need a proper frank debate on facts, not scare stories about what might happen," says Conservative MP Tim Loughton on the EU referendum scenarios.
He says he can see a future for the UK outside the EU, but adds that he has not made up his mind on how to vote as he wants to wait for the outcome of the the EU reform talks.
Labour MP Rachel Reeves says it would be a "huge risk" if Britain left the EU, as no-one knows what that world would be like. She warns the UK would still have to pay into the system and would be subject to the EU rules to have access to its free markets.