- How much (%) of our trade is with the EU and how easy would it be to get new trade deals if we left the EU?
- What would happen to our trade if we left the EU?
- How much does it cost to be in the EU? And what do we get back?
- What do UK businesses think about the EU?
- Why is the EU single market good for jobs?
- Will my family and I be worse off if we voted to leave the EU?
- Would prices go up if we left the EU?
- What is the EU single market, and why is it so important to British trade?
- Does being in the EU stop us trading with the rest of the world?
How much (%) of our trade is with the EU and how easy would it be to get new trade deals if we left the EU?
The EU is our biggest trading partner, with almost half (49%, Office for National Statistics) of UK trade being with the EU. By being in the EU, the UK and our businesses can trade freely with no tariffs and barriers.
If we voted to leave the EU, it would damage trade, and would harm UK businesses and growth, putting millions of jobs at risk.
Every family gets more out of the EU than it contributes. Our annual net contribution to the EU amounts to £214 per household (Institute for Fiscal Studies), but the CBI (Confederation of British Industry) estimates that EU membership is worth £3,000 for average households – a return of over ten times what we put in.
This £3,000 comes back to you and your family through lower prices for everyday goods in UK shops, extra jobs created, increased investment in the UK and trade with EU countries.