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The now-enacted will of (some of) the people


blandy

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I was somewhere in West London, meeting with one of the area’s many television companies, when the EU Single Market really began to make more sense.

I was Culture Secretary at the time, and the company’s chief executive was explaining why they’d chosen the UK for their main base outside North America.

It had a lot to do with wealth of creative talent here. But the clincher was the Single Market – it meant they could broadcast to up to half a billion viewers across 28 countries and only have to deal with regulators in the UK. Thanks to common standards across Europe, they didn’t have to worry about meeting the demands of dozens of different local bureaucrats.

It was a similar story when I worked in financial services. If I wanted to seal a deal in, say, Paris, all I had to do was hop on a train, get the paperwork signed and head home again. My biggest worry was whether I’d be back in time to put the kids to bed.

I’m a Eurosceptic and proud of it. I think the Euro is a bad idea. I have no time for ever-closer union and I’ve long been a vocal critic of Brussels’ worst excesses.

But, just like Bank of England Governor Mark Carney and IMF head Christine Lagarde, I still believe that Britain is better off in. And that’s all because of the Single Market.

It’s a great invention, one that even Lady Thatcher campaigned enthusiastically to create.

The world’s largest economic bloc, it gives every business in Britain access to 500 million customers with no barriers, no tariffs and no local legislation to worry about. 

It’s no surprise that nearly half of our exports go to other EU nations, exports that are linked to three million jobs here in the UK. And as an EU member we also have preferential access to more than 50 other international markets from Mexico to Montenegro, helping us to export £50 billion of goods and services to them every year.

Even companies that are neither exporters nor part of the export supply chain – your local corner shop, for example – benefit from the economic growth that kind of access brings.

And it works for imports too – British consumers benefit from lower prices on the things they want to buy, and British companies can easily import the raw materials they need to make goods. There’s no doubt about it, remaining in the EU is good for business.

Of course, the Brexit camp say we don’t have to be a member of the EU to benefit from all this.

That, should we vote to leave, Brussels would instantly offer us full and easy access to the Single Market and influence over regulations. All the good stuff, none of the bad.

Sajid Javid: The only thing leaving the EU guarantees is a lost decade for British business

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Weirdly this post originally quoted someone else, then saved, then my computer did a massive update for hours.... so I said nothing. But probably the most eloquent I've ever been!

What I was going to say... assuming we are granted a Jan 31st extension by the EU, why can't the opposition call a VONC, put in a very short term unity government that grants a referendum based on Boris vs Remain and get it sorted. There is no point in a one issue election. Second that is secured, call a general election based on policies outside Brexit and start again.

Or are the numbers not even there for that? Clearly Boris' deal is the closest we're ever going to get to a Leave option that is the least unpalatable (even if it is still horrific and mostly a result of fatigue rather than quality) so put it up against Remain and it ends it. Plus no government can be held 'responsible' for the impending disaster then either!

Edited by jackbauer24
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