Just wait until Boris is our leader . . . . then it really would be a case of 'The Mayor the Merrier' We could be in or out of Europe . . . . he wouldn't know anyway
I believe Mexico now has trading rights with the E.U. And if Mexico can get them, why would we be denied them? I'll give you a good reason wht we won't be denied them - we import more from the E.U. than we export to them, i.e. their manufacturers will lose more than ours!
They are part of a trading bloc with the USA and Canada.. All this states is that they have come to an agreement regarding trade with the EU...We would also need to do this if we voted to pull out meaning that we would have to abide by their rules without having any inside influence in making them..
Yes, but we wont get preferential rights the way EU members do (Switzerland has agreements with the EU, but they still pay more than the UK currently does to trade with the EU). The cost of importing from the EU will go up, and so will the cost of exporting. EU will just realign their trade to other countries, and companies (service, financial and manufacturing) will move HQs out of the UK and into the EU where they will be able to trade more freely with a greater # of countries and decrease their overheads - unless the UK gives them better tax breaks, which means losing more money as companies will pay even less corporate tax than they do now.
We live in an increasingly globalised economy and to try and go it alone would in my opinion be absolutely nuts..
Basically, there are pro's and con's with leaving/ staying. It's a case of weighing up which is more beneficial to the UK and voting. Sadly, a lot of people will be swayed [falsely] by immigration issues. The key should be whether it will improve us economically and socially.
We'd have to agree with their trading rules only though, and do that anyway. It would not affect our sovereignty/borders, any more than it affects Mexico's.
I'll be voting to stay in. On a personal level I would be far worse off as a lot of my business costs are buying things that are sold in dollars. The pound has already fallen since the referendum was announced, and I believe it would fall far more if we actually left the EU. Another big concern of mine is what it would do to this area. There are differing figures on how much the cost/benefit is of being in the EU for the country as a whole, but as a region we know that we are the least invested in region of the UK - both in actual terms and in cost per head terms. Set against that, we are one of the regions most heavily supported by EU money. Look at any sign outside a new project and spot the 'funded by a grant from 'such and such' European fund. I very much doubt that if the country saved this money that it would be re-invested locally. The majority would be spent in the South-East and greater Manchester - just as it currently is. I also worry what it will do to out trading position around the world. We would need to renegotiate trade deals with every country or trading block. That includes the United States who are going through a phase of becoming more and more hawkish with their trade deals. There has also been a fair bit of anti-UK business feeling in US business and legal circles. Look at the fines imposed on BP over the gulf oil spill compared to similar spills/fines against Exxon and Shell. Any new trade deal with the United States would be weighted very heavily in the States favour. We would have greater opportunity to control immigration if we went alone. However, immigration isn't a simple issue. We gain a lot of economic benefits from immigration as well as having immigrants far more willing to take up jobs unpopular with British workers (fruit picking/night work/etc). There are costs and pressures of immigration too though, so it's a case of balancing things out. Personally, I believe we would see quite a few companies scale back UK operations and divert production to the EU. I also believe the Tories would use the opportunity to scale back workers rights that are currently protected as part of the EU.
Great post mate...I especially agree with you regarding getting even less investment in the North East than we do now..The Tories would also have a field day eroding the human and workers rights that we currently have..
Frankfurt tried to take London's place as the financial centre of Europe as far back as 1995. It fell on it's a*se when German banks, led by the giant Kleinwort Benson, said they were staying in London regardless. (I know this for a fact because I had share trading with Kleinwort's at that time). In insurance, Lloyds has an unassailable position - 50% of all U.S.insurance, for example, is underwritten in London through Lloyds. And if the U.S. can't live without them, I doubt very much if little Frankfurt is going to!
The man from labour, he say yeah, so it must be right, lol. Whatever those stinking politicians tell me, I'll go the exact opposite. They want in to serve themselves, I want out to take money from their thieving cakeholes.. EU=corruption - end of story.
The tories would have a field day.......... I think they already are! - The sooner thay have complete control the better then these daft f**kers that listen to the press and vote for them might decide that they are having the p*ss taken out of them and do something about it
Just read on the BBC news site that the Stock Exchange is in talks about merging with Deutshe Beorse who just about control finance in Germany. Good timing or just coincidence?
