Leave has a very different account of the pros and cons of Brexit. The Brexit countdown is almost over meaning the UK will leave the European Union after nearly four years of voting to leave. “In today’s uncertain world we need that shared strength more than ever,” said Andrew Parker, the head of MI5, in May 2018. However, while some on the leave side advocate a hard Brexit – gaining more sovereignty, taking control over immigration and reducing red tape – others are more moderate.EU membership limits Britain’s international influence, ruling out an independent seat at the World Trade Organisation (WTO).Britain would have more control of its laws and regulations, without risk of having counterintuitive policies forcefully imposed.Britain’s domestic security could benefit from full border controls, which it would gain outside the political union.Britain contributes billions of pounds in membership fees to the EU every year.Membership of the EU keeps Britain from fully capitalising on trade with other major economies such as Japan, India and the US.The EU subjects Britain to slow and inflexible bureaucracy, making it more prohibitive for smaller companies to do business.Improved global trade agreements and more selective immigration could have a positive effect on the British job market.The average person in Britain loses hundreds of pounds each year due to EU VAT contributions and agricultural subsidies policies.There are two ways that Britain can leave the EU: with a deal, or without a deal. The economic pros and cons of Brexit have been hotly debated. Free International trade: Leaving […] The pros and cons of leaving the EU customs union Or as The Washington Post puts it: “Brexit consumed all. Fewer people coming to the country would mean less competition for jobs among those who remained and, potentially, higher wages - a point conceded by Stuart Rose, leader of the pro-Remain Britain Stronger in Europe campaign. We use a range of cookies to give you the best possible browsing experience. On 23 June 2016, the British people settled a question that had rumbled under the surface of UK politics for a generation: should the country remain within the European Union - or leave, ending its 40-year membership to go it alone?Or so it seemed when just under 52% of voters opted for Brexit. Brexit proponents believe that after a yes vote for Brexit, the UK can negotiate a new free trade arrangement, along the lines of the status enjoyed by Switzerland and Norway. However, while some on the leave side advocate a hard Brexit – gaining more sovereignty, taking control over immigration and reducing red tape – others are more moderate.EU membership limits Britain’s international influence, ruling out an independent seat at the World Trade Organisation (WTO).Britain would have more control of its laws and regulations, without risk of having counterintuitive policies forcefully imposed.Britain’s domestic security could benefit from full border controls, which it would gain outside the political union.Britain contributes billions of pounds in membership fees to the EU every year.Membership of the EU keeps Britain from fully capitalising on trade with other major economies such as Japan, India and the US.The EU subjects Britain to slow and inflexible bureaucracy, making it more prohibitive for smaller companies to do business.Improved global trade agreements and more selective immigration could have a positive effect on the British job market.The average person in Britain loses hundreds of pounds each year due to EU VAT contributions and agricultural subsidies policies.Though unsuccessful in garnering enough votes in the referendum, the remain camp have continued to advocate for a close relationship with the EU in the form of a departure from the EU with a deal in place.The arguments for remaining in the EU focus on the benefits of being part of a wider union, and the security and favourable trading relationship made possible through EU membership.As part of a community of 500 million people, Britain has greater influence over international matters as a member of the EU.Britain has proved that it can opt out of some EU policies which it considers counterintuitive, such as adoption of the euro, the Schengen Agreement and enforced migrant quotas.A union better equips Britain to tackle threats to security, including terrorism and cross-border crime.European businesses invest billions of pounds in the UK every year, both in the public sector and private sector.EU membership gives Britain access to the European single market, which is invaluable for trade and enables the easy movement of goods, services and people across member states.Free trade within the EU reduces barriers and enables UK companies to grow.Millions of jobs linked to Britain’s membership would be put at risk. “All it would do is to weaken it by taking away our power to influence events in an ever more complex and interdependent world.” Nor, said Remainers, would UK sovereignty be absolute outside the EU: the British government would still be bound by membership of Nato, the UN, the WTO and various treaties and agreements with other nations.Although Brexit would bring some clear-cut advantages, said The Economist, the UK might well find itself “a scratchy outsider with somewhat limited access to the single market, almost no influence and few friends”.Under EU law, Britain could not prevent a citizen of another member state from coming to live in the UK, and Britons benefited from an equivalent right to live and work anywhere else in the bloc. Back in June 2016, Britain voted to leave the European Union (Brexit). Cameron announced his resignation the following day.Following Cameron’s resignation, a dramatic Conservative leadership battle saw Michael Gove and Boris Johnson destroy each others’ campaigns, paving the way for former home secretary Theresa May to claim the top job.What came next has gone down as one of the most tumultuous premierships in modern history, with May’s almost three years in power overshadowed by a single issue.After officially invoking the EU’s Article 50 in March 2017, May spent more than a year negotiating with her European counterparts for a withdrawal agreement, with a deal finally reached in late 2018.On 15 January 2019, Parliament overwhelmingly rejected the 585-page treaty by a record margin of 432 votes to 202.
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