To date, nobody can explain what status the UK would achieve after a 'Brexit'. This would be a divorce of the highest order. Why would the EU give the UK much improved trading conditions? The argument that the EU exports more into the UK than vice versa, and that, as such, the UK holds all the aces is a myth. The EU is the biggest economic block in the world. It has negotiated favourable trade agreements with other trading blocks. The US has already stated that it would not negotiate a separate agreement with the UK because it is not worth their while. Why would China want to negotiate a better trading agreement with the UK than they currently have with the EU? And the myth that the UK can't currently trade with the rest of the world is just not true. A Brexit would mean watering down employment laws. Maternity, paternity pay, holiday and sickness pay would all be affected.
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