i) postponing any decisions for a couple of years, ie after the election so he doesn't have to worry about it. A deferred policy change is as good as no policy change.
ii)by the time they come to a decision, all of the fallout will be over and, if still in power, he can portray it as an unwarranted intrusion of the EU into the profitability of the City institutions that makes Britain a world leader blah blah.
Basically, he gets to be seen to be supporting the idea of change whilst whole-heartedly resisting it. There's a whole lot of lobbying, parties, favours, golf trips and bribes from deep deep pockets to be done before "decisions" are made. Just remember how effective Mandelson is at ensuring that all regulations and controls on trade reflect Anglo-American priorities rather than protecting the european public from the rapacious scum preying upon them. keep to the Fen Causeway