Economy

Trading opportunities outside the customs union could create 400,000 new UK jobs

New research by Change Britain shows: Leaving the EU’s customs union and striking trade agreements with just eight economic partners could result in the creation of up to 400,000 new UK jobs, according to the European Commission’s own figures. Over 100,000 of these would be in manufacturing (including car, ships and aircraft production) and over [...]

January 3rd, 2017|Brexit, Customs Union, Economy, Employment|

Leave the EU’s single market and customs union to boost UK by £450 million a week

New research by Change Britain shows that a huge £24 billion a year prize is on offer if the UK Government pursues a ‘clean Brexit’ and decides to leave the EU’s single market and customs union. The UK would be over £450 million a week better off through a mixture of taking back control of [...]

December 27th, 2016|Brexit, Customs Union, Economy, EU Budget, Single Market, Trade|

Raab: Raising trade barriers will hurt our European partners

Responding to reports that European leaders believe a UK-EU trade deal could take 10 years to negotiate, Change Britain founding supporter Dominic Raab said: 'The EU is unsurprisingly divided at this stage, and our diplomats are right to reflect the range of views. There are also, however, grounds for confidence. We're not negotiating a trade [...]

December 15th, 2016|Brexit, Customs Union, Economy|

McDonald’s is lovin’ Britain

Commenting on the announcement by McDonald’s that it will move its non-US tax base from Luxembourg to the UK, Change Britain spokesperson Chloe Westley said: ‘Today’s announcement shows that McDonald’s is lovin' Britain. It joins a long line of large international companies who have chosen to invest in the UK since the vote to leave [...]

December 8th, 2016|Brexit, Business, Economy|

Strong economic growth and job creation belie pessimistic assumptions

Responding to the Autumn Statement, Change Britain Chair Gisela Stuart said: ‘The previous Chancellor claimed a vote to leave the EU would result in an immediate recession and a rise in unemployment of 500,000. Today we see that the opposite is true - over half a million more jobs are set to be created and [...]

November 23rd, 2016|Brexit, Economy, Employment|

Britain faces extra £850m bill if we stay in EU’s single market

Figures released by the EU in the early hours of Thursday morning reveal that the EU is preparing to bust the budget limit it agreed with David Cameron in February 2013. The UK could also be forced to pay hundreds of millions of pounds extra into the EU budget by 2020 if we remain in [...]

November 18th, 2016|Brexit, Economy, EU Budget, Single Market|

Leave the customs union to access export markets worth £17 trillion

New research by Change Britain shows: Leaving the EU’s customs union and striking trade deals with just the countries that have an expressed an interest in negotiating a deal with the UK will open up an export market worth over $20.5tn (£16.8tn). This would be a major boon to British exporters. This is more than [...]

October 30th, 2016|Brexit, Customs Union, Economy, Trade|

Nissan’s commitment to Sunderland is welcome news for jobs and shows confidence in the UK economy

Commenting on Nissan’s announcement that it will build its new models at its Sunderland plant and the publication of the Q3 GDP figures, Change Britain chair Gisela Stuart said: ‘Nissan’s commitment to its Sunderland car plant is an encouraging vote of confidence in the UK economy. The Government should be applauded for working with Nissan [...]

October 27th, 2016|Brexit, Business, Economy|