The question of a Brexit weighs heavily over Prime Minister David Cameron. Britain's leader is already planning his moves in anticipation of an in-out referendum which he expects will be held not later than June 2016 and he is moving full steam ahead in his efforts to remain a member of the Eurozone.

According to some sources, Downing Street is preparing to issue a document explaining to the British public “the changes, the benefits of the changes to Britain, and why therefore we need to stay in the EU” which will be sent all British households.

The dossier is being compared to a pamphlet issued and distributed to British citizens in 1975 by then PM Harold Wilson ahead of a referendum setting out an “independent” government analysis of his renegotiation.

It follows on the heels of a similar and heavily criticized move by the Government ahead of last year's Scottish independence referendum when more than 2.5 million booklets were sent out urging people to vote to remain in the UK. The production effort cost around £720,000.

Eurosceptics Resigning

Within Parliament, there is growing sentiment among Cabinet ministers for the country to opt out of the EU at this time. Many conservative 'eurosceptics' are considering resigning their positions so they can join the ‘leave' campaign. Steve Baker, co-chairman of the Conservatives for Britain group which campaigns for an exit, puts the number of these ministers at more than half the Conservative Party.

According to a review released by the Telegraph, there are five major issues at stake regarding Britain's retention of its membership in the European Union.

Analysts say that the benefit for going it alone would amount to an economic benefit to the UK of only 1.1 per cent of their GDP. However the net loss would be small in the short term.

Within Parliament, there is growing sentiment among Cabinet ministers for the country to opt out of the EU at this time.