Brexit, is it good or bad for the UK

Brexit? What will you choose?

Brexit | Informative news for the over 50'sIn just a couple of weeks we will be voting to stay or leave the European Union, what we would all like clarity on is the question of Brexit, is it good or bad for the UK?

The greatest uncertainty with leaving the EU (Brexit) is that no member country has ever left before, so despite differing views from all sides no one can ever predict what our future will be.

Last year alone Great Britain paid in an estimated £13bn but received back £4.5bn. So in real terms our contribution was £8.5bn . This equates to around 7 per cent of what the Government spends on our underfunded NHS each year.

By voting for Brexit, you would imagine that at least some of the money saved could be spent on financing a better health service for all and reduce current waiting times.

What is harder to decide is whether the financial advantages of EU membership, such as inward investment and free trade outweigh the upfront costs.

The European Union by nature is a single market for all in which no tariffs are imposed on imports and exports between member states. “More than 50 per cent of our exports go to EU countries,” says Sky News, “and our membership allows us to have a say over how trading rules are drawn up.

Great Britain also benefits from trade deals between the European Union and other world powers. “The EU is currently negotiating with the United States to create the world’s biggest free trade area,” says the BBC, “something that will be highly beneficial to British business.”

A vote for Brexit would put Great Britain at risk of losing some of it negotiating power, but at the same time open up the opportunity to establish its own trade agreements.

Under current EU law, Great Britain cannot prevent anyone from another member state coming to live in the country – while Britons benefit from an equivalent right to live and work anywhere else in the UK. The overall result has been a huge increase in immigration into Britain, particularly from eastern and southern Europe. With Great Britain having no real say in who or how many can come to this country.

According to the Office for National Statistics, there are 942,000 eastern Europeans, Romanians and Bulgarians working in the UK, along with 791,000 western Europeans – and 2.93m workers from outside the EU. China and India are the biggest source of foreign workers in the UK.

A vote for Brexit would mean that once again we as a nation would be in charge of our own borders and would be able to restrict the number of people entering this country.

That fact alone would be a good reason to vote for Brexit, but is it enough?

Each person must be made aware of all the facts before deciding whether to stay or go.

I am still unsure, are you?

Why not comment on this with your views.



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