Possible scenario if "leave" wins

[Old Greg]

Well you can pretty much derive any figures you like depending on where you source them. The figures are largely dependant upon how fast the eurozone economies are growing too, which is fairly stagnant of late.
It is fair to say, however, that recent verifiable figures (2014) suggest that we import, annually, £61Bn more than we export.
(UK and the EU: Trade and economy - BBC News)

In short, more proof that the EU needs us more than we need them from a trade perspective.

So 45% of UK exports go to EU. What % of rest of EU exports go to UK?

[SueEllen]

So 45% of UK exports go to EU. What % of rest of EU exports go to UK?

What percentage of these exports go to each EU country?

When Ireland screwed up their economy even though we weren't in the Euro due to our links with them we gave them loans. The other EU nations we helped bail out our loans were via the IMF.

[shaunbhoy]

What % of rest of EU exports go to UK?

WGAS? There is a £60-80Bn surplus. Whatever % that constitutes is largely irrelevant.

Sometimes you overdo the dense thickie persona. A cry for help probably.

[Old Greg]

WGAS? There is a £60-80Bn surplus. Whatever % that constitutes is largely irrelevant.

Sometimes you overdo the dense thickie persona. A cry for help probably.

You are funny.

[AtW]

WGAS? There is a £60-80Bn surplus. Whatever % that constitutes is largely irrelevant.

Surplus of what, cretins who think they know a lot about UK exports into EU? That may well be.

If UK car manufacturers are forced to move to mainland EU (which they would for sure), then exports would drop massively because cars are high ticket items that contribute a lot to total UK exports, UK will actually have to import new cars - Jaguars from India, Range Rovers from Poland.

[DimPrawn]

Surplus of what, cretins who think they know a lot about UK exports into EU? That may well be.

If UK car manufacturers are forced to move to mainland EU (which they would for sure), then exports would drop massively because cars are high ticket items that contribute a lot to total UK exports, UK will actually have to import new cars - Jaguars from India, Range Rovers from Poland.

You think they can just up sticks after investing billions in factories and trained workers here?

It's not like they can say "hey they voted out, lets move the factory tomorrow, then on Monday we will be back in business as if nothing happened."

Have a read through this:

https://en.wikipedia.org/wiki/Honda_..._Manufacturing

370 acre site, £1.5bn investment.

It ain't going nowhere mate.

[AtW]

You think they can just up sticks after investing billions in factories and trained workers here?
370 acre site, £1.5bn investment. It ain't going nowhere mate.

After Brexit £1.5 bln will be roughly equal to a small Polish jacket potato (with shape that contravenes EU regulations) with a cheap milan beans filling.

So you right, those huge factories are not going anywhere - they will be used as warehouses for potatoes and beans.

HTH

[minestrone]

Surplus of what, cretins who think they know a lot about UK exports into EU? That may well be.

If UK car manufacturers are forced to move to mainland EU (which they would for sure), then exports would drop massively because cars are high ticket items that contribute a lot to total UK exports, UK will actually have to import new cars - Jaguars from India, Range Rovers from Poland.

Yes, that is exactly what manufacturing is, building cars.

"you work in software? can you do me a website?"

I'm sure there are plenty of graphs online where you can view the UK manufacturing sectors decline over the last 20 years. To say the EU is critical to UK manufacturing is like a smoker saying it keeps the weight down.

[AtW]

Best year in a decade for British car manufacturing as exports reach record high - SMMT

Record exports for UK carmakers as demand from Europe grows - FT.com

U.K. Production | Export Demand Raises April Output 16.4% | Industry content from WardsAuto

BREXIT!!!!

btw, I am actually personally benefitting from sterling dropping against EUR/USD and in the event of Brexit I'd personally gain a lot, BUT, I don't want to end up having a barrel full of £1000000 notes with Farage's face printed on them whilst queuing for my portion of hot soup, done that already, no more!

[jamesbrown]

Best year in a decade for British car manufacturing as exports reach record high - SMMT

Record exports for UK carmakers as demand from Europe grows - FT.com

U.K. Production | Export Demand Raises April Output 16.4% | Industry content from WardsAuto

BREXIT!!!!

btw, I am actually personally benefitting from sterling dropping against EUR/USD and in the event of Brexit I'd personally gain a lot, BUT, I don't want to end up having a barrel full of £1000000 notes with Farage's face printed on them whilst queuing for my portion of hot soup.

The irony is that this boom, as in the US, has been driven by cheap credit, not by a strong UK economy within the EU (). What has led to this cheap credit? Sclerotic economies, such as the Eurozone, exporting their deflation and the consequences in terms of UK monetary policy. It's illusory.