Does Britain gain or lose from leaving the European Union?
On 23rd June 2016, more than 30 million people, 71.8% of the British population turned up to settle the question that had been looming around British politics for years: Should the United Kingdom remain a member of the European Union or leave the European Union?
While 48.1% voted to remain a member of the European Union, a small majority of 51.9% voted to leave the European Union. British people voted in favour of leaving the EU in one of the ultimate applications of direct democracy that history has seen. So, does Britain gain or lose from leaving the European Union.
The word ‘gain’ refers to the advantages in any forms to Britain and the word ‘lose’ refers to the
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In addition, membership of EU Allowed Britain to have a direct say in drawing up trading rules. As a member state, Britain also benefits from trade deals between the EU and the rest of the world. The EU is currently negotiating with the US to create the world’s biggest free trade area. This could have been highly beneficial to British businesses. However, Britain now risks losing that negotiating power by leaving the EU. But, Britain would be free to establish its own independent trade agreements.
UKIP leader Nigel Farage suggests Britain could follow on the footsteps of Norway. Norway has access to single market but is not bound by EU laws on areas such as agriculture, justice and home affairs. Others however argue that it would not be as easy for Britain. The Economist says, “if Britain were to join the Norwegian club, it would remain bound by virtually all EU regulations”. And it would no longer have any influence on the regulations made. Boris Johnson also proposed a Canada-style trade arrangement of trade without tariffs. This again was quickly put aside by David Cameron at the time, who suggested that it would be years of painful negotiation and poorer deal.
Leave campaigners still argue that the majority of small and medium sized firms do not trade with the EU and yet they are restricted by unnecessary European regulations.
A study by think-tank Open Europe found that the UK economy could lose upto 2.2 percent of its total GDP by
With diminishing control of what happens in Britain, the British people decided it was best to vacate the union. The British were dealing with the laws given by the European members who were not living and experiencing the country themselves. To provide an example of a ghastly law given to the British people, they, as part of the European Union, were only allowed to catch 20% of the fish swimming in British territorial waters. What this meant was that tens of thousands of jobs were lost and they were not able to use one of the most significant resources given to them, as Britain is surrounded by ocean. Nigel Farage, Leader of the UK Independence Party, says that his fellow Englishmen, “effectively gave away the ability to look after one of our greatest resources to a bureaucracy based in Brussels.” Because of the way the government was set up, “Not only could the voters not change anything, but the institutes themselves are incapable of reform.” With an already maimed government, the European Union was creating more problems than it was solving. The British people had enough of giving up their rights as British citizens so the European Commission could tell them how to live. Therefore, with problems like those arising from the Union and with no hope to resolve them, Britain filed for secession and pulled out of the union
Despite the fact the social benefits of EU membership are often overshadowed by the economic and political aspects, the loss of these benefits would negatively impair the freedom of the UK people, and negatively impact UK businesses. The free movement of UK citizens throughout the EU to travel, to attend school, live, and retire. Businesses do not only benefit by having to follow one set of regulations, but also benefit from having a larger source of potential employees to chose from. The EU employment rate in the UK is 3.3%, while they make 4.5% of
The United Kingdom initially joined the European Union in 1973 for economic reasons hoping to promote trade and form relationships with other states in the Union. In 1975 the UK held its first national referendum on withdrawal from the European Economic Community. According to the poll,” 67 % of Britons voted to stay in the EEC and 32 % voted to leave the union” (GYE). Because of this result the UK stayed in the EU in 1975. Over the past 40 years the European Union has been through a lot of change, many more countries have joined the organization and the EU has extended its control over more aspects of daily lives. These changes have sparked a lot of controversy coming from both the UK public and
This report will look at the benefits and issues surrounding the UKs decision to remain as a member state of the European Union (E.U.). Along with the newly elected conservative government, came the announcement that a nationwide referendum would be held, by the end of 2017, in order to determine the British public’s stance on the issue of EU membership.
While the contributions of all member-states in the EU have been important and appreciated, the UK has brought a lot to the table that many other countries couldn’t. For example, the UK’s influence and the weight of just its name. For hundreds of years the UK has been powerful and if it had something to say, the world would listen. When the UK joined the EU it was a monumental victory for the existing member parties, because it meant that a powerful country, that could bring credibility and importance to a coalition previously lacking in both areas, would be joining their ranks.
The first reason why Britain shouldn't leave the EU is because it would hurt trade. A major benefit of the EU is the trade. Combined, all the countries in the EU have a large influence over world trade. This allows them to get more money for other EU countries.
The European Union was established as an economic and political partnership between 28 European Countries (European Union, 2015). The UK has been stayed in the EU for over four decades from 1973 to now. In 1975, Labour Prime Minister Harold Wilson had ever held a referendum on Britain’s membership in the EU and the voting result is to stay in the European Community. Recently, the article (BBC NEWS, 2015) reported that the UK has a plan to hold the second referendum by the end of 2017 to decide whether or not the UK should stay in or leave the European Union. This might be a significant referendum that may bring lots of impacts on the UK’s economy.
The recent UK referendum sent shockwaves throughout the West and the wider world; few people had predicted that the British people would vote to leave the EU. So what led Brits to say a firm 'no thank you' to continued membership of the European Union? A look at surveys, statistics and anecdotal evidence may help us to solve this puzzle.
In 2017, the people of Great Britain will make a straight choice, whether to stay in the European Union or leave it. Staying in the organisation will, with some reform, help boost trade, create jobs and empower power. The prospects of leaving however are not so good. Millions of jobs lost, our economy tarnished and living standards plummeting all just to give our politicians some more power to make laws. In this essay I will detail why staying in the EU is the right thing to do for our people and we must leave the powerhouse at our own peril.
On the other hand, the pro-EU party hold opposite opinions relative to Eurosceptics party. On the political front, the European Union is based on the law. Briton protected by the EU employment laws and social protection. Once UK secede from the EU means that Briton no longer protected by the European Union law (BBC, 2015). Then, EU is an important trading partner to Britain, seceding from EU, Britain have to face trade barrier, which means UK have to pay the tariffs when import and export (BBC, 2015). Furthermore, with the international manufacturers transfer to the low-cost countries inside the EU, UK would lose a large number of employment opportunities.
Therefore, in conclusion, having weighed up both sides of the arguments of both staying as part of the EU and to leave the EU, I would be in favour of Britain remaining within the European Union. When looking at the benefits for each side, the UK would benefit most in terms of employment, immigration, taxes, trade, and economically by remaining as part of the EU. As discussed earlier, the EU is the UK’s biggest trading partner and the largest single consumer market in the world, leaving it would certainly involve a level of risk. However, although withdrawal from the European Union could cause some disruption to the economy, it is most unlikely that export sales to EU markets would cease completely, and monetary policy can be relaxed, and over time flexible wages and prices would help to recover employment rates.
In 1980, the Leave vote poll peaked at 71%, which is just over two thirds of voters, and in 1991 the stay votes peaked at 70%. Between 1997 and 2012 the gap between the remain and leave vote have been very close, with each overtaking one and other many times. However, in 2012 the votes split back again, to an overwhelming majority for remain, however this gap got tied on February 15 with a 50/50 split. As mentioned in the previous paragraph, if the UK leaves the EU it will most likely cause a reaction of the Scottish population to have another independence referendum, which shows just how opposed the Scottish public is to the idea.
The British individuals have settled on the most critical decision for a generation by voting for Brexit on the 23rd June 2016. According to BBC news, “leave won by 52% to 48%”. In order for the UK to leave the EU it needs to conjure an agreement called Article 50 of
Brexit has caused a divide amongst the UK population, with 52 to 48 percent in favor of leaving. “Take back control” has been at the forefront of the Brexiter’s campaign, some arguing the UK Parliament had lost its power when it passed the European Communities Act of 1972.
Brexit is a term commonly known as Britain exiting from European Union membership. The historic referendum on the UK and EU membership held on June 23, 2016. Although majority of Londoner wanted to stay with EU, 52 percent voters voted to support the leave campaign to leave European Union. Since World War two the world saw a rising trend of economic development and globalization in Europe. Brexit has ended this trend. Since United