Brexit will threaten UK supply chains....
George Osborne has warned the UK’s supply chains would face customs barriers for the first time in half a century if the UK votes for a Brexit on June 23.
Osborne made his comments at the unveiling a 200-page Treasury report detailing the likely impact if the UK votes for a Brexit, which he claims would leave British families £4,300 a year worse off, and shrink the economy by 6% by 2030. (Source Supply Management)
Under the scenario of a Canadian-style bilateral trade deal with the EU, Osborne said it would mean “services that make up 80% of our economy cannot do business freely with Europe, and the integrated supply chains that are a feature of our advanced manufacturing face customs barriers for the first time in half a century”. See the article in Supply Management online magazine. See the HM Treasury analysis: the long-term economic impact of EU membership and the alternatives
The Guardian view on "The economics of Brexit: a fact-based fear"
An more amusing view form Michael Deacon Parliamentary Sketchwriter in the Telegraph
The FT comments "The Treasury analysis of what Out means demands a serious response"
Under the scenario of a Canadian-style bilateral trade deal with the EU, Osborne said it would mean “services that make up 80% of our economy cannot do business freely with Europe, and the integrated supply chains that are a feature of our advanced manufacturing face customs barriers for the first time in half a century”. See the article in Supply Management online magazine. See the HM Treasury analysis: the long-term economic impact of EU membership and the alternatives
The Guardian view on "The economics of Brexit: a fact-based fear"
An more amusing view form Michael Deacon Parliamentary Sketchwriter in the Telegraph
The FT comments "The Treasury analysis of what Out means demands a serious response"