Prime Minister David Cameron said Wednesday that he wants Britain to remain inside the European Union (EU), but urged negotiations for a 'better relationship'.

Cameron addressed questions in UK Parliament ahead of his highly-anticipated speech Friday in the Netherlands where he will lay out his plans for a future referendum on the Britain's affiliation with the EU.

He rejected an in/out referendum on Britain's membership of the EU for the time being, but stressed the need for the country to renegotiate its role in the Eurozone.

"I don't think it would be right for Britain to have an in/out referendum today because I think we would be giving the British people a false choice," Cameron told parliament.

Labour opposition leader Ed Miliband asked if Britain would still be in the EU in five years, to which Cameron replied it would in the county's best interests to remain.

"My view is that Britain is better off in the European Union, but it is right for us to see the changes taking place in Europe, and to ensure that we argue for the changes that Britain needs, so that we have a better relationship between Britain and Europe, a better organised European Union, and the full-hearted consent of the British people," Cameron said.

"Millions of people in this country, myself included, want Britain to stay in the European Union, but they believe there are chances to negotiate a better relationship."

Miliband also made reference to patron of the Tory Reform Group, Michael Heseltine, who said: "To commit to a referendum about a negotiation that hasn't begun on a timescale you cannot predict, on an outcome that's unknown...seems to me like an unnecessary gamble."

Cameron said it was no secret that he disagreed with Heseltine on his stance on Europe.

"Michael, for whom I have a huge amount of time, was one of the leading voices for Britain joining the single currency," he said.

"I am delighted that we have not joined, and we should not join—under my prime ministership, we will never join the single currency—and that is also the view of millions of businesses up and down this country."

He said he believed businesses wanted Britain to be part of Europe but wanted "a more flexible Europe, a more competitive Europe, a Europe that can take on the challenge of the global race and the rise of nations in the south and the east."

His comments come a day after Nick Clegg warned the prime minister it would be unwise to create a prolonged period of uncertainty over Britain's relationship with Europe.

RD

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