YOUR VIEWS:
On the EU Referendum
Below are a selection of your responses to the optional question we posed last week -
How do you think a potential exit from the European Union could affect our industry?
People who voted Leave said:
- Investment in farming will increase.
- The UK is the fifth largest importer of goods in the world and the tenth largest exporter. Regardless of Mr Obama's view, we are too important a country for the rest of the world not to continue trading with the UK.
- Some price rises initially because Sterling will lose some value because of uncertainty in the markets. In the medium term prices will stabilise as Sterling recovers.
- Trading with EU countries may become slightly more complex. However, the benefits of leaving the EU far outweigh the benefits of staying.
- I believe for the first two years it will be difficult times but then we would be on the up.
- Roll on the day we leave. Freedom day.
- Change is always difficult to accept and manage. There will be a period of turmoil for both our industry and its customers, however it won't be instantly worse. Misinformation, uncertainty, political manipulation and financial greed will no doubt have an impact in the long term. However in my opinion the financial instability within the EU is the enemy of Europe, not the UK leaving it.
- I don't believe it will have any long term effect.
- Don't really see why it should affect our industry . . . grass will grow whether we are in or out of the EU.
- It would stabilise our currency and once the UK population see the country is strong enough to keep its soverienty then consumer confidence will build on British trade and industry.
- Cut much of legalistic crap and slow the influx of those determined to change the British way of life.
- There will probably be a short term negative financial impact, but long term it will not affect our business. It is more important to regain control of immigration and laws than to base it totally on personal financial implications.
People who voted Remain said:
- Prices will Increase as we have already seen with the uncertainty of the outcome - some manufacturers have issued amended price lists. We will see more increases if we exit
- It would be disastrous for exports.
- Lack of a certain future will lead to volatility of sterling, lack of outside investment (Non EU companies wanting to manufacture in EU, Farmers losing support). UK Government is not going to prop up Agriculture as EU does. And MORE RED TAPE!! UK Government is notorious for adding rules and without restriction there will be a lot of kneejerk legislation.
- The Four Pillars of free movement of people, free trade, open jobs and open capital are the best basis for growth. Remember the dreaded testing stations and the shambles of zero regulation. We will be a little country and the only one left in the world using the pound.
- If we leave prices will go up and delivery times and charges will go up.
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