On June 23 you will be able to vote in the EU referendum and decide whether you want Britain to stay in the European Union or leave and turn in on ourselves.
What will a majority ‘remain’ vote mean?
Vote Remain and Britain will be stronger, safer and better off. As part of Europe we are:
Stronger because we can play a leading role in Europe. We have secured the best of both worlds, being inside the world’s largest single trading market while being out of deals that don’t work for us like the Euro, Eurozone bailouts and the Schengen no-borders agreement.
Safer because by working with our European neighbours we are more effective in the fight against dangers that know no borders including terrorism, crime and climate change.
Better off because British businesses will have full participation in the EU’s tariff-free trade area, bringing jobs, investment, lower prices and financial security. The UK gets £66million of investment each day from EU countries (ONS, Foreign Direct Investment). That’s more than we pay to be a member of the EU.
Remaining in Europe adds up to £91 billion a year to our economy (Source: Confederation of British Industry), giving us more money for vital public services like the NHS, supporting more than 3 million jobs (South Bank University, National Institute of Economic and Social Research, HM Treasury, Centre for Economic and Business Research) and driving down prices in UK shops.
Remaining in Europe will give us a future full of opportunities for British families, young people and businesses.
What will a majority ‘leave’ vote mean?
A vote to leave is a leap into the dark. What we can expect:
Years of uncertainty. It will take at least two years to negotiate a new trade deal with the EU and we would have to negotiate new trade deals with over 50 countries around the world. This will, and this would mean several years of uncertainty, threatening jobs, low prices, businesses and Britain’s economy as a whole meaning less money for public services like the NHS.
Economy hit - experts including the London School of Economics, CBI and experts in the City warn that the value of the pound would fall by 20%, average household income could fall by up to £6,400 and prices for everything from shopping and fuel to foreign holidays would increase.
Jobs at risk - experts predict that up to 950,000 jobs would be lost (CBI), and leaving would impact more than 200,000 businesses that trade with the EU (ONS).
There is no example of an EU country leaving and still getting all the benefits of being in the world’s largest free trade area.
Leaving Europe would leave us isolated, vulnerable and financially and politically weaker in a turbulent world.