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Old 22-03-2016, 15:46   #977
Damien
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re: [Update] The UK votes to leave the EU

Quote:
Originally Posted by Osem View Post
Which is what I meant - right now all UK businesses are bound by rules regardless of whether they trade with the EU and that must impose additional costs etc. which they'd otherwise be free of.
K, Sorry.

That's true although it's worth mentioning that soon those regulations will also allow trade with the US and Canada soon enough. It's a fact of trade you need to abide by the regulations of the nation you're important too but for domestic only businesses then that would be a unwelcome intrusion, assuming the UK government would be more lax anyway.

---------- Post added at 15:46 ---------- Previous post was at 15:44 ----------

Quote:
Originally Posted by Chris View Post
Around 60-70% of British economic activity has nothing at all to do with the EU. Releasing the vast majority of British buinesses from ridiculous Euro-regulation will be an extremely good thing.
I misread his post as saying they wouldn't have to abide by it even if they traded with the EU but I was mistaken. Should have known what he meant though since it's unlikely Osem didn't know that.
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