Ukip is a "very intolerant" party and its appeal is not likely to last for a "long time" despite its success in the European elections, Sir John Major has said. The former Conservative Prime Minister said Nigel Farage has been "very smart" and proved "good at exploiting grievances". But he warned that the arguments for quitting Europe are "absolute nonsense" and said it would cost billions and leave this country in a "very isolated and very difficult" position.The EU monetary system was set up in 1979. Since then, with some bumps and wiggles, EU has been clamping Britain ever more tightly in its iron jaws.
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