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Old 17-04-2016, 21:26   #1434
Bircho
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re: [Update] The UK votes to leave the EU

Quote:
Originally Posted by Big Brian View Post
The Single Market is NOT that important. Vote Leave:
So around 45% of our exports is not that important. Which business do you run?

One of the few things that the Out campaigners can solidly say is that either we will have a free market with the EU but with that will come freedom of movement and other EU rules (so no point in pulling out as this is what most people seem to object to) or we will be trading with the EU with tariffs - which will mean we cannot trade in everything and given that 50% of our exports to the EU are in services which are the first things that we are most likely not to be able to trade. The remainder will have a charge of at least 4% which along with currency issues may just take the competitive edge of our exports.

Circa £12 billion is some market to try and find elsewhere in the world.
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