Has your business discussed the referendum?

25 November 2015

The effects of the UK leaving the EU could be disastrous, especially for business. That's why we want to know if the board of your business has discussed the pros and cons of EU membership? If you have, then please let us know.

Why is the EU so good for buisness?

Being part of Europe makes our economy stronger, helping British businesses small and large, creating jobs for British people, and delivering lower prices for British families.

Half of everything we sell to the rest of the world we sell to Europe - and we get an average of £26.5 billion of investment into Britain per year from Europe.

That's why the Confederation of British Industry (CBI) estimates that 3 million jobs in Britain are linked to trade with the rest of Europe.

Being part of Europe also means cheaper prices in our supermarkets, cheaper flights to Europe and lower phone charges when traveling.

The average person in Britain saves around £450 every year because trading with Europe drives down the price of goods and services.

And we get out more than we put in. Our annual contribution is equivalent to £340 for each household and yet the CBI says that all the trade, investment, jobs and lower prices that come from our economic partnership with Europe is worth £3000 per year to every household.

That’s a return on investment of almost ten to one. British families are better off being in Europe.

Negotiating as part of a 500 million-strong economy also gives us clout we could never have on our own. Thanks to our membership of the European Union, we benefit from free trade agreements with 50 countries around the world.

So why would we risk our economic security by turning our backs on Europe? There will be no going back if we vote to leave. And if we do leave, we will be cut off from automatic access to the economic benefits that the EU brings – hitting businesses, risking jobs and threatening families’ financial security.

Do you think the North East needs its own voice in the EU exit negotiations?

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