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Leave or Remain?
- Thread starter andy w
- Start date
Noah
Well-Known Forumite
Most "EU" nonsense originates in Whitehall or Fleet Street rather than than Brussels or Strasboug, this one looks like a Fleet Street knocker. However it is a fact that if the UK leaves the EU then exports to the EU will be subject to tariff unless we become a trading partner. As a trading partner we would be subject to EU legislation without being able to influence it.
Laurie61
Well-Known Forumite
EU factoid. How important is the EU to UK trade
The UK has traditionally had strong trade links with the EU. Despite changes in the composition of the global economy, the EU in 2014 accounted for 44.6% of UK exports of goods and services, and 53.2% of UK imports of goods and services. However, strong economic growth in many developing economies outside the EU has resulted in non-EU economies growing in importance to UK trade, with the proportion accounted for by the EU falling consistently since 1999, despite the value of EU trade increasing.
Exports from the UK to EU and non-EU countries have grown on average by 3.6% and 6.5% respectively in each year between 1999 and 2014. However, the stronger export growth to non-EU countries has resulted in the proportion of UK exports destined for the EU falling from 54.8% in 1999 to 44.6% in 2014. Growth in the value of UK imports of goods and services from EU and non-EU countries is more comparable, growing on average by 4.7% and 5.5% respectively in each year since 1999.
Faster growth in the value of UK imports compared to exports with the EU has resulted in the UK’s overall trade balance with the EU deteriorating (value of imports exceeding exports), with the trade deficit widening notably, reaching £61.6 billion in 2014 compared with £11.2 billion in 1999.
UK trade with the EU is dominated by goods rather than services; in 2014, trade in goods represented close to two-thirds of all UK exports to the EU, and over three-quarters of total UK imports from the EU. Between 1999 and 2014, goods imported by the UK from the EU have risen by 4.9% per year on average, compared to exports which have risen by 2.5% per year, causing the UK’s trade in goods deficit with the EU to rise to £77.0 billion.
Although the UK has historically recorded a trade in goods deficit with the EU, its trade in services balance with the EU is much more favourable, running a surplus in each year since 2005, which reached £15.4 billion in 2014.
http://www.ons.gov.uk/ons/rel/inter...union-to-uk-trade-and-investment-/sty-eu.html
The UK has traditionally had strong trade links with the EU. Despite changes in the composition of the global economy, the EU in 2014 accounted for 44.6% of UK exports of goods and services, and 53.2% of UK imports of goods and services. However, strong economic growth in many developing economies outside the EU has resulted in non-EU economies growing in importance to UK trade, with the proportion accounted for by the EU falling consistently since 1999, despite the value of EU trade increasing.
Exports from the UK to EU and non-EU countries have grown on average by 3.6% and 6.5% respectively in each year between 1999 and 2014. However, the stronger export growth to non-EU countries has resulted in the proportion of UK exports destined for the EU falling from 54.8% in 1999 to 44.6% in 2014. Growth in the value of UK imports of goods and services from EU and non-EU countries is more comparable, growing on average by 4.7% and 5.5% respectively in each year since 1999.
Faster growth in the value of UK imports compared to exports with the EU has resulted in the UK’s overall trade balance with the EU deteriorating (value of imports exceeding exports), with the trade deficit widening notably, reaching £61.6 billion in 2014 compared with £11.2 billion in 1999.
UK trade with the EU is dominated by goods rather than services; in 2014, trade in goods represented close to two-thirds of all UK exports to the EU, and over three-quarters of total UK imports from the EU. Between 1999 and 2014, goods imported by the UK from the EU have risen by 4.9% per year on average, compared to exports which have risen by 2.5% per year, causing the UK’s trade in goods deficit with the EU to rise to £77.0 billion.
Although the UK has historically recorded a trade in goods deficit with the EU, its trade in services balance with the EU is much more favourable, running a surplus in each year since 2005, which reached £15.4 billion in 2014.
http://www.ons.gov.uk/ons/rel/inter...union-to-uk-trade-and-investment-/sty-eu.html
John Marwood
I ♥ cryptic crosswords
Testicle Eating Fish
Gramaisc
Forum O. G.
Enda Kenny to do everything "humanely possible" to avoid Brexit.
http://www.rte.ie/news/2016/0219/769257-brexit-talks/
Possible Freudian reference to pigs' heads...?
http://www.rte.ie/news/2016/0219/769257-brexit-talks/
Possible Freudian reference to pigs' heads...?
Laurie61
Well-Known Forumite
Shame about the missed breakfast, brunch, lunch. Hope the food has not gone to waste. Maybe find somebody locally down on their luck and needing a hand out. 
http://www.bbc.co.uk/news/uk-politics-eu-referendum-35615291
http://www.bbc.co.uk/news/uk-politics-eu-referendum-35615291
John Marwood
I ♥ cryptic crosswords
People are stupid
June 23rd 2016 will be know as People are Stupid Day
June 23rd 2016 will be know as People are Stupid Day
tek-monkey
wanna see my snake?
We already had that one, when people voted against AV because it meant some people got 2 votes. This will be people are still stupid day.
Floss
Well-Known Forumite
My parents 60th wedding anniversary I must inform them!
John Marwood
I ♥ cryptic crosswords
I have a range of cards available
40 million individual designs
Also known as driving licences
Floss
Well-Known Forumite
Well you haven't got my dads yet, I keep trying to persuade him to give it up, but last week he was on about treating himself to a new car, I wouldn't mind but he only to town twice a week!
John Marwood
I ♥ cryptic crosswords
Bless
Glam
Mad Cat Woman
When you fancy what??????
proactive
Enjoying a drop of red.
You had to ask, didn't you!
Floss
Well-Known Forumite
You see that's what I want, to have the choice to please myself whenever and whatever! Instead of having not work to a routine on a weekly basis just to fit around work! What is your secret?