Britain will be more expensive – 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.
PM has promised troops will fight food riots...
Long delays at airports – while we re-negotiate international airspace agreements.
Our Civil Service will spend £millions trying to build new trade agreements with 160 WTO countries
And to re-negotiate the 36 trade deals the EU has with others
Wage growth in UK cannot be expected to improve, when trade falls and import costs increase
Current UK financial situation –
Debt £2.3 trillion owed (2nd. largest in the world; USA is 1st.)
Bank balance £114 billion in the red.
Current trade with the world in £ billions:
EU £ 487 billion
is beating a path to our door.....and they know we need them more
than they need us.