Re: The Labour Gravy Train
TheCityUK , who I don't believe are a bunch of numpties , has recently published a report on the effects of the UK leaving the EU .
The report says : " All EU exit options would increase trade costs for high productivity firms - leading to falling output, increased costs, as well as reduced investment. The knock on impact of Brexit would be higher prices and higher unemployment, with lower real wages and growth. "
Gerry Grimstone, Chairman of TheCityUK, said: “Our research clearly shows that leaving the EU would seriously damage economic growth and jobs in the UK. But the EU can and must be improved. It mustn't interfere in things which it does not need to do and it must make a better job of doing the things it has to do. We need to continue saying this loudly and clearly. London is Europe’s financial centre so there is a strong national interest in getting this right.”
I will continue to give such reports due consideration and will not support leaving the EU until I am convinced that there is a viable alternative which will not lead to people being put on the dole just because many find some petty EU regulations irksome .
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