18/06/2016 00:00
Perhaps a reality check is needed in the European Union referendum debate. Britain has the fifth largest economy in the world (the second in Europe) and all this would be put at risk if the country votes to leave on Thursday. The value of sterling against the euro would fall making holidays far more expensive for Britons. These are facts. This is not a case of scaremongering. The International Monetary Fund has said that a British exit would lead to a big reduction in the size of the British economy.
6 comments
To be able to write a comment, you have to be registered and logged in
You have clearly wiped from your memory that not that long ago the pound was virtually one for one with the euro,did that stop British tourists from visiting Spain,you must have the statistics,you print them often enough. There are many other safe countries that do not use the euro that British tourists could and would go to anyway if the pound falls too much against the euro,nobody HAS TO GO TO SPAIN,a fact you chose to ignore,just as you ignore the fact that the pound continually rises and falls against the euro,sometimes by a large percentage.
Do you mean the way Cameron was recently sent away empty-handed.? That worked well.The EU does less trade with us than we do with it and the BILLIONS that we pump into this corrupt organisation EVERY YEAR will help to modernize some of our own industries and re-start others. Obviously,the remain camp are brain-washed into thinking that the minute we leave,all trade will cease,no it won't,ask China,New Zealand,Australia,America and many others.
I do enjoy your comments page, but I wonder how Steve Riches believes that the UK can change the EU from within, when 27 Countries regularily vote against us? We pay in, they take out. This can never change whilst we are in. VOTE OUT on the "23rd!! Don't believe the doom mongers
I realise it will probably be too late now to reach the 100,000 signatures necessary for any petition to be considered, but I have just seen this website featuring a petition to CANCEL the Referendum. Please can I ask you to draw the attention of the readers of the MDB to it, and urge them to sign it as a matter of urgency. https://petition.parliament.uk/petitions/123450
Well said Jason! If the Brexit turkeys vote for Christmas they'll take the rest of us down with them, and readers of this newspaper will in particular be the big losers as they lose EU backing in so many ways - pensions, health, travel, phone network equalisation, work protection, tariff-free trading etc. At least from within the EU we stand a decent chance of fighting our corner. It's a far from perfect organisation, but once out of it we have no influence whatsoever.
When Great Britain leaves the EU, does that mean ALL the businesses in the EU, will instantly stop trading ? I think not !!!.