Germany’s finance minister says the UK would be shut out of the single market in the event of Brexit.
Investment warning from the experts
The world’s biggest fund management company, BlackRock, says Brexit offers “a lot of risk and little reward” and has explained how it could damage the financial services industry in Britain:
Under one of the potential scenarios analysed by the fund, Britain could be excluded from the “passport” framework , which would deal a significant blow to those looking to sell or advise on investment funds within the EU.
Should such a scenario come into place, investors looking to gain access to worldwide markets through Britain could be forced to relocate their businesses elsewhere and BlackRock indicated Dublin, Paris and Frankfurt could be among the beneficiaries in such circumstances.
A loss of goodwill – migrant camps to move here?
The Guardian analyses French government (and opposition) indications that the UK border may be removed from France if Britain leaves the EU.
Is being European part of being English?
The Telegraph has an interesting article on the need not to overlook English identity in this campaign.
Quiet Corby
Momentum, the grassroots movement that arose out of Corbyn’s leadership campaign, may not take an active part in the referendum. Caroline Lucas has attacked the Labour leaderhip’s noticeable silence on the biggest issue facing the country, reports the Guardian.
BMW UK jobs
BMW-Rolls Royce-Mini staff have been warned that Brexit will damage their company.
The South West
The Plymouth Herald reports concerns for what Brexit will mean for farmers and fishermen.
Pro-Brexit Tory MPs from Cornwall are guaranteeing that if we leave Europe, the UK government will replace considerable EU funds that Cornwall receives. Presumably they are honourable men and will resign if their guarantee does not hold?
Who votes?
The Express has a handy summary of who is eligible to vote.
Latest from the betting experts
Political Betting predicts Remain will win by 8.6% on a turnout of 62.75%
* 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.
Follow @libdemvoice.org on Bluesky
Like us on Facebook
Subscribe to our feed
Sign-up for our daily email digest
Back on the campaign trail
1963: London's summer of the Hoverbus
Have resignations led to a rethink?
nigel hunter
Chloe
Abrial Jerram
11 Comments
To the people of Cornwall. It does show you what you get from the EU. I hope the MPs are honourable men and do resign if they fail, doubt it. Cameron will run to their aid after the two years Lib Dem,s campaign against them.
Labour MP Alan Johnson has told BBC TV ‘This Week’ that on the day that JC attended a CND rally he had already attended a ‘Labour In’ rally with Alan Johnson.
Sky Bet are offering odds on the next Prime Minister being David Cameron. There are memories of John Major resigning as Conservative Party Leader while remaining Prime Minister, but a winning bet on DC would mean something different, such as being the incoming PM after a general election in 2020, which he has said he does not want to do, or other imaginative possibilities.
They also offer 40/1 on Jo Biden being the next Presidential candidate for the Democratic Party, although the Vice-President has decided not to stand and a brokered convention seems unlikely on the Democratic side.
‘ BlackRock indicated Dublin, Paris and Frankfurt could be among the beneficiaries in such circumstance
Paris should be really attractive for fund managers with their 75% tax rate.
A letter in the i newspaper of 5/3/2106 from Mike Armstrong of Canterbury says:
“I have often wondered why the other European countries want us. Our membership of the EU is, to put it mildly, half-hearted; we are always complaining about rulings and wanting special concessions and opt-outs.
My son, who has who has lived in France for many years, recently supplied me with the answer – they want us to join them to prevent any possibility of another European war.
It may not be talked about or admitted, but the UK is looked on as a guardian angel who has come to Europe’s aid twice in the last century. The two World Wars are deep in the European psyche. We should feel honoured that they see us in such a favourable light. It was not a mere political gesture that took David Cameron and President Hollande to commemorate the dead of the Somme. We may think of it as history, but to the French it was their country we helped to save and they don’t want us to desert them now.”
They are right, but not only France, also Belgium, … , … , …
Richard – NATO & two of the major countries in Europe with Nuclear weapons have nothing to do with being deterrents against any future European war ?
Those who wish to stay in the EU do not understand the EU system and what they are supporting with their uneducated ‘In’ vote. For the myth that the EU accounts are signed off is true, but untrue. How can this dichotomy be right? Read the following to find out.
Brexit – The Truth Behind the EU’s Accounts and the Endemic Corruption that Supports a Non-Changing System of Economic Waste and Jobs for the ‘Boys’ – http://worldinnovationfoundation.blogspot.co.uk/2016/03/brexit-truth-behind-eus-accounts-and.html
Brexit – THREE’ of the Great Myths (and more) of staying ‘IN’ the EU Destroyed if the People of the United Kingdom Would simply Use Their Common-Sense and Read into the TRUTH – http://worldinnovationfoundation.blogspot.co.uk/2016/02/brexit-three-of-great-myths-of-staying.html
Re: Quiet Corby
This (typo) amused me, Corby is indeed mostly quiet, but then the language after English I hear the most off on the streets of Corby is Polish…
OK, Dr Hill. So you have a Ph.D and that makes you clever? Sorry that we ‘uneducated’ can’t agree with you. Hubris is a wonderful thing, isn’t it? Here’s something for you to get your brain around:
We hear a great deal from outers that the UK is the world’s fifth largest economy. I wonder what percentage of that is made up a financial services – probably most of it. So, what would stop a goodly chunk of that moving across the channel if we vote to leave?
I have been watching “Cross of Iron” film 1977 Two lines say “What will we done when we loose the war? Prepare for the next one.” War is horror. Mark Armstrong’s letter says it all. All organisations have weakness’s We must stay in to reorganise it not whinge and moan over it. Yes we are the 5th largest economy, how large would we be without our financial services? We pride ourselves on our car production, practically all foreign owned.We are in Europe and they need us. WE must lead.
@Dr David Hill
A quick flick through the contents of your blog, not just on the EU referendum, convinced this educated person to look elsewhere for the facts upon which to make my decision. Whilst I am almost certainly going to vote to stay in, I would never be so arrogant as to characterise those who vote the other way as uneducated, they have simply arrived at a different conclusion. Some may have done so having studied the evidence in detail, some based upon a gut feeling, some because they follow the advice of their preferred political party.
Interested in the size of the financial services sector in the UK, some searches indicated that the sector makes up around 8 per cent of the UK economy and less than 4 per cent of employment. Luxembourg and the Netherlands have a larger proportion of their economies made up of financial services. Further searches might reveal how much of our financial services sector is foreign owned.