re: [Update] The UK votes to leave the EU
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Originally Posted by Big Brian
Ty for the worm welcome everyone.
Indeed you are correct. We have the advantage that we already trade with the EU. We export 3 times as much to them as they do to us and do people really believe that the EU would completely turn their backs on the UK? I can't see it happening. The reason we export 3 times more than they do to us is we have what they need. Even if that was cut to 30% it would still be a good deal - it's currently around 45% we export to the EU.
In our case, we would be renegotiating our trade agreement not trying to get one with the EU. They are not going to cut off their collective noses to spite their faces.
Other issues like the scaremonger story that the Jungle would move from Calais to Dover is nonsense. That agreement France and the UK have is nothing to do with the EU, it's a private agreement between us and they have already said that agreement still holds if we leave despite what Allonde and Cameron say.
Defence: Does anyone really believe that if we left the EU and the Russians decided to attack us that the USA would allow it? This is another scare story going round from the IN Campaign.
Jobs: Another scare story is that the UK would lose tens of thousands of jobs if we vote to leave the EU. Over the past few weeks all I've seen is the opposite. HSBC decided not to relocate knowing that a Brexit is possible. Amazon are creating a thousand jobs in the Manchester area with plans for more jobs knowing that a Brexit is possible. Where do they get this from?. Sure some firms may relocate but I don't think they will take the jobs with them. As in the case of the threats in the Scottish referendum, it would be the HQ relocating. It will be a safety net in case things go belly up.
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Not quite 3 times the value of exports to the EU vs imports...
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In 2014, the UK exported £230 billion of goods and services to other EU member states. This is equivalent to 44.8% of total UK exports. Goods and services imports from the EU were worth £289 billion (52.8% of the total) in 2014. The UK had a trade deficit of £59 billion with the EU in 2014 but a surplus of £24 billion with non-EU countries.
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http://researchbriefings.files.parli...91/SN06091.pdf Page 4
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