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Thursday, 11 June 2020

When Brexit Has Wrecked It.....

I found the document below in a senior Minister's waste paper basket.....

When Brexit has Wrecked it - this is what Britain will be like:

More expensive – the £ will dive even further – imported goods will cost more
Exports to EU will drop – EU customs duty will make them more expensive - with resultant unemployment here
Half of cars made in Britain go to the EU
Large amounts of paperwork needed by Britain's 250k small businesses to continue exporting to EU
Business says there will be mass redundancies
More expensive NHS – half of our medicines come from Europe; some are not made here – viz, insulin. Hopefully EU citizens will be allowed to work in UK – otherwise NHS will flounder with 10,000 less staff
Lorry queues across the south of England – food going bad? Already 1.6 million truck crossings per the tunnel per annum.
Government has promised troops will fight food riots!
Long delays at airports – while we re-negotiate with international airspace agreements
Our inexperienced Civil Service will spend £millions trying to build new trade agreements with 160 WTO countries, who know we need them more than they need us.
And to re-negotiate the 36 trade deals the EU has with others
Wage growth in UK is static – and cannot be expected to improve when trade falls and import costs increase
Current UK financial situation – National Debt £2.3 trillion, bank balance £114 billion in the red. Brexit is not going to improve this

Current trade with the world in £ billions:
EU £ 487 billion
USA 140
China 50
Aus/NZ/Can 26
Bra/Rus/Ind 43

Nobody is beating a path to our door.....

We have to recognise that most of our problems are not caused by Brussels, but by chronic British short-termism and under-investment.” Boris Johnson 2013

Britain's prosperity will be more secure if we're in the EU.” Theresa May, 2016

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