Roger Bootle on the UK’s membership of the EU
Writing an op-ed for City A.M. on the UK’s membership of the EU, Roger Bootle, one of Europe’s most respected economists, told readers to “beware the corporate grandees who claim Brexit would cost Britain dear.”
Referring to those who are keen to maintain the status quo with regard to the EU, whose argument lies in the belief that a huge number of jobs is bound up with the continuation of the UK’s membership, Roger argues that whilst it is true that very many jobs are connected with trade with the EU, ” the issue is not about the precise number – 3.5m, or 3.9m, or 2.8m – but rather with the concepts underlying the estimate.”
Roger points to the fact that the EU and UK would have powerful incentives to maintain trade. He goes on to say that the “economic case to stay in the EU, just like the economic case to come out, is far from overwhelming.”
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