The people of UK have voted Brexit and the big question is now, ‘’what now?’’ What do we want now and where do we see ourselves in the future? The majority voted for leave, but a lot of the citizens will not leave the EU and especially not the single market. The prostates for leaving the EU are that the nation will get more control over the rules. If UK leave EU will the power of economics, immigrations and a lot of more debates will be settle in the nation instead of in the EU commission. The downside is the flexibility that there are at the single market. When you are a part of the single market, you have the ability to study or work in the others country. You also have the ability to trade cheaper with the others members and use their services, …show more content…
Leave: Britain’s links with the EU are holding back its focus on emerging markets – there is no major trade deal with China or India, for example. Leaving would allow the UK to diversify its international links. Stay: 44 per cent of Britain’s exports go to other EU countries. Putting up barriers with the countries that Britain trades with most would be counterproductive The stay/leave arguments from Telegraph are about the British trade market, where there are pros and cons with the Brexit, but the main different is, if they leave, they get new markets and if they stay, they will keep the old markets, where 44% of export is in the EU countries. The UK has the option to decide, if they want to be a member of the single market, which is the customs union. If they chose this, they will still have the rules about free trade with manpower, service, capital mobility and goods. The Brexit will be defined as soft, because they still will keep a part of the union’s rules. If they make a soft Brexit, they will also stay with their existing trade assignments. The downside will be, that the immigrations that they will get control over, will not be more controlled than
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
Immigration – the UK does not have enough control over its borders. Under the current EU’s fundamental right of free movement, any citizen of a member state is permitted to move and work in the UK without first obtaining a visa, and in some circumstances, access to benefits. Additionally, the migrant crisis that has found its way to the UK’s doorstep in Calais, France has created a cause for concern as migrants endlessly try to make it to UK soil and claim asylum. By leaving the EU, Brexiters argue, the UK government will have the power necessary to stop and control the migrant invasion.
Since 1973 when the British first joined the European Union their membership has been a controversial issue. When conservatives in the United Kingdom won the general election in 2015, their election manifesto promised to hold a referendum on whether or not the United Kingdom should stay or leave the European Union. The referendum also referred to as “Brexit” is scheduled to take place by the end of 2017. The United Kingdom initially joined the union to be part of the common market for the purpose of trade and to develop international relationships. The main argument for those who are pro Brexit is that being part of the European Union is too costly for the United Kingdom, that the EU has grown to large, has interfered to far into
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.
The United Kingdom should not leave the EU because it would hurt trade, mess up it's own economy, and may tear apart the EU.
Leave campaigners believe that leaving the EU is most beneficial for England. Their conservative and old-fashioned views further reinforce their belief.
So after the result of the referendum had been out, the first affect is the pound had fallen sharply, according to (Taub,A. 2016.) the pound is at its lowest valuation in seven years. Due to the (Hunt,A. & Wheeler,B. 2016) uncertainty rushing around, a British exit will likely result in a massive rebalancing of currencies. Investors will (and have already begun to) dive out of the British pound and into cash that's perceived as safe — the Swiss franc, the Japanese yen, the U.S. dollar. The changing direction of the investor and the fallen of the pound has spiked the value of Yen which has made Japan’s export being less competitive. Even the fallen of the pound can help the export business and attract more tourism to the country ,which due to the (bbc no name) The travel analytics firm ForwardKeys says flight bookings to the UK rose 7.1% after the vote. The import business still have to pay more for the fuel and material due to the costs which have increased 7.6%. Moreover, since 51% of goods and 45% of services of the British’s export are taken over by the EU. Losing access to the EU single market would mean less trade and less productivity growth which could (Chu,B.2016.)make
I was always a strong believer that BREXIT was a horrific turn in our history, so imagine the disappointment on those faces that voted to remain. More and more number of votes piled up, I stayed hopeful maybe the result would change. No, it didn’t.
This article explains the “on-going” argument of whether or not Britain should remain in the European Union or leave. Prime Minister David Cameron vowed to keep Britain apart, winning the backing of most of most of his Cabinet and the goal of rival parties. Cameron has made it clear Britain is safer and stronger in the EU. However, much of Britain believes in opposition to their membership among the the European Union, leaving this as a constant
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.
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.
They impose too many rules on business and charge billion’s a year in membership fees for little in return. Britain also stated that another reason they want to leave is because of sovereignty and democracy. Britain wants the UK to take back full control of its borders and reduce the number of people coming to work and live there. In other words, they want immigration control. One of the main principles of EU membership is free movement. This means that you don’t need to get a visa to live in another EU country.
For example, every country has different currency and different legislation. They follow different set of rules and the value of currency differs from one country to another. According to EU’s rule and regulations member states don’t pay extra tax because they are a part of single access market. But for example another country outside of EU needs to pay tax and there is cost involved when the products or goods cross borders. Since Norway, Iceland and Lichtenstein are not European Union’s member states they pay higher tax to enter in European Union area moreover they are entitled to follow their rules and regulation and their own tariffs. If UK decides to not to be a part of EEA or single access market they will be subject to trade barriers. As a result Britain will loss vast amount of profit which they made when they were part of EU.
It is precise that we begin by explaining the meaning of the term “Brexit”; it is a portmanteau of the words “Britain” and “Exit”, which was just one of the terms for the results of the 2016 referendum, the other one was “Bremain” (Britain and remain) which was a lot less promoted and controversial. For the 2016 referendum, 52% of the votes went for Britain leaving the European Union, in a poll with 72% of participation, a total of 33.577.342 votes, 17.410.742 for Brexit and 16.577.342 for Britain staying in the European Union (BBC World, 2016). England voted for Brexit, by 53.4% to 46.6%, as did Wales, with Leave getting 52.5% of the vote and Remain 47.5%. Scotland and Northern Ireland both backed staying in the EU. Scotland backed Remain by 62% to 38%, while 55.8% in Northern Ireland voted Remain and 44.2% Leave (Hunt and Wheeler, 2016).
Any country who is considered as EU member will not have trade barrier such as non-tariff. UK could probably strike a quick deal with other membership of EU and easily to access to products from other European countries that are membership of European Union. If Brexit is completed, UK is losing numerous advantages of trading. In accordance with Prime Minister Theresa May, leaving the EU means it will take more time on the trade agreement, and the UK would have to operate under World Trade Organisation rules, which could mean customs checks and tariffs(BBC). This means that the trade barrier now exists. The UK would pay tariffs on goods and services to exported into the EU. Businesses need to pay taxes that are on products, which means they are making less