The Fears Surrounding Brexit

The Fears Surrounding Brexit

Here is a list of fears people have about Brexit. When Brexit happens, I will start assessing these claims to see which ones prove true or false. Please click “Ask me anything” to add queries to the list.

Leaving the EU Would Cause Financial Instability

George Osborne: Leaving the European Union would cause “financial instability” and leave “no economic plan. There would have to be increases in tax and cuts in public spending to fill the black hole.”

Leaving the EU Would Result in a Weak Economy and a Decline in NHS funding

Stephen Dorrel: “We need a strong economy to guarantee the growth in funding that the health and care service requires, and evidence suggests leaving the EU would undermine this.” There is now a scare that the NHS will be part of the negotiations in a US/UK trade deal.

Leaving the EU Would be the Beginning of the end of Western Civilization

Donald Tusk: "As a historian I fear Brexit could be the beginning of the destruction of not only the EU but also Western political civilization in its entirety,”

Leaving the EU Would Affect Peace and Stability

David Cameron: "Can we be so sure that peace and stability on our Continent are assured beyond any shadow of doubt? Is that a risk worth taking? I would never be so rash as to make that assumption.“

Trump Would put the UK/EU Trading Negotiations at the Back of the Queue

Barak Obama: UK would be "in the back of the queue”

Leaving the EU would Negatively Affect Northern Ireland

John Major and Tony Blare: the peace process in Northern Ireland would be put at risk

Disastrous for the Economy

UK treasury: economy 3.9% smaller in 15+ years’ time with a No Deal making us 9.3% worse off

Bank of England: economy between 1.25% and 3.75% smaller in 2023

Others

“There will be no Brexit dividend”

“The NHS won’t be getting £350 million a week”

“The queues of lorries waiting to cross border will damage trade”

“We will have less control when we leave the EU”

“Britain will lose it’s place in the world”

“It will cost more to sell in Europe & that will affect jobs in the UK”

“Record lows for Pound Sterling”

“Farmers will suffer”

“Fisheries will suffer”