2. WHAT IS BREXIT?
Brexit is an abbreviation for "British exit," referring
to the UK's decision in a June 23, 2016 referendum
to leave the European Union (EU). The vote's result
defied expectations and roiled global markets,
causing the British pound to fall to its lowest level
against the dollar in 30 years.
3. REASON FOR BREXIT
Britain did not get their money back. In cash terms, Britain
is the second biggest contributor to the EU budget after
Germany.
Britain could decide who comes into the country.
Britain could make their own laws again
Britain wouldn’t have to accept decisions forced on us by
other countries
5. ECONOMIC IMPACTS OF BREXIT IN UK
• One in every ten UK jobs are linked to the trade with the
EU. Therefore Brexit might affect there jobs directly or
indirectly.
• Impact of Brexit could lead into lower GDP of 2.2% in 2030
or hopefully lead into higher GDP of 1.6%
• Leaving the EU could lead into lower trade between the
EU and UK generating complications.
6. IMPACT ON TRADE
Trading freely with the EU allows UK businesses to grow.
Being able to trade freely with the EU helps UK businesses
grow and create jobs . Therefore, leaving EU might put all
this at risk.
70% of major business expect damage if UK leave the EU.
A new survey shows 70% of FTSE 350 firms, some of the
UK’s largest companies, think they’ll be hit if UK leaves the
EU.
7. IMPACT ON SOCIETY
If UK left the EU, the cost of imports could rise by at least
£11 billion (sources: HMRC & WTO) – leaving UK families
out of pocket as prices rise.
Independent experts estimate the benefits of being
in the EU are worth£3,000 a year to the average UK
household - due to lower prices and more jobs,
trade and investment.this will be all lost if UK leave
the EU.