Brexit: A Summary of the Arguments For and Against

VOTE LEAVE

1. The EU costs us over £350 million a week, almost £20 billion a year.
2. The euro is permanently on the brink of crisis – and we will be forced to pay to bail it out again
3. EU laws have cost British taxpayers £2.4 billion
4. Only 5% of British businesses export to the EU but 100% suffer the burden of EU red tape
5. EU regulations are highly damaging to our economy, costing small businesses millions every week
6. We have no power to make free trade deals with fast growing economies like India and China – unlike non-EU Iceland and Switzerland

Stats taken from http://www.voteleavetakecontrol.org/

STRONGER IN EUROPE

1. Around 3.5 million British jobs are directly linked to British membership of the European Union’s single market – 1 in 10 British jobs.
2. The EU buys over 50 per cent of UK exports (54 per cent of goods, 40 per cent of services).
3. Over 300,000 British companies and 74 per cent of British exporters operate in other EU markets.
4. American and Asian EU firms build factories in Britain because it is in the single market.
5. The EU negotiates trade agreements with the rest of the world. Outside the EU Britain would have to renegotiate trade deals alone.
6. While the EU is the world’s largest market, a UK outside the EU would not be a high priority for other counties to negotiate a trade deal.

Stats taken from http://www.proeuropa.org.uk/twelevereasons