EU Ref Roundup: PM enters fray, Jobs, Sterling, India, Ryanair, Drugs, Birds…

The Prime Minister has started campaigning. David Cameron has correctly said that this referendum is more important than the General Election. He began his fight with a speech at O2’s HQ in Slough.  You can read or watch the speech and Q&A afterwards, here.

The PM began by talking about his reform deal. As I’ve said before “I’ve made it less bad” is insufficient to win. He needs to make the case “it’s a good thing” and he did go on to that, talking about the economy and security.

Mr Cameron said:

Far better off inside the European Union. Three million jobs are dependent on our trade with Europe. Now, of course, not all the jobs would go if we left the European Union; we’d still do trade with Europe. But can we really put our hands on our hearts and say all those jobs would be safe, that we wouldn’t be disadvantaged if we were on the outside? I don’t believe we can, so we’re better off.

Workers’ rights are at risk says TUC leader.

Indian business leaders have spoken out against Brexit.

Ryanair is to campaign for an IN vote and says it would cut investment in the UK in the event of Brexit. This follows the same stance by EasyJet although is interesting as Ryanair have sometimes come into conflict with decisions of the European Commission.

HSBC are predicting a 20% fall in Sterling’s value – matching an identical prediction by Goldman Sachs a few weeks ago.

The Pharmaceutical industry is against Brexit.

The RSPB in NI says that Brexit would be bad for birds, given the importance of EU legislation in protecting the environment.

The Telegraph considers that Cameron understand British people and the IN side should be confident but not complacent.

Both sides have hired American advisers, reports the Wall Street Journal.

It’s important to understand your opponent’s case. Nigel Lawson’s speech at Chatham House sets our Vote Leave’s case for Brexit.

* Antony Hook was #2 on the South East European list in 2014, is the English Party's representative on the Federal Executive and produces this sites EU Referendum Roundup.

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3 Comments

  • Eddie Sammon 26th Feb '16 - 4:23am

    I probably went too far in saying there is likely to be big price rises if we left, but I wanted to argue against what I saw in the media as people saying “this is bad news for these people, but on the other hand good news for these people”. I think a 20% drop in the event of Brexit would be net-bad news for the country.

    It doesn’t just affect importers and holiday makers – one reason people will view the pound as being worth less is because they are predicting economic damage from a Brexit.

    There might also be a case of markets inflicting revenge, which would likely only be temporary, but who knows.

  • Antony Hook Antony Hook 26th Feb '16 - 9:49am

    Eddie,

    Yes the fall in the pound is because people expect less inward investment.

    It was already started as some decisions are being delayed until after June.

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