CBI director Carolyn Fairbairn and UKIP's Steven Woolfe clashed over the EU when they appeared on the Daily Politics.

Mr Woolfe said the CBI - which says its members overwhelmingly want to remain in the EU - had been wrong in backing the euro and had a "conflict of interest" due to receiving funding from Brussels.

Ms Fairbairn said this suggestion was "absolutely ludicrous" and that the funding the CBI received for providing a "small service" for the EU was less than 0.5% of its overall revenue.