Saturday, June 13, 2015

The TRUTH About The EU And Business!

IN his recent column (The Yorkshire Post, June 3) Bernard Ingham asks “What exactly is Cameron seeking on his Euro-tour?” and in the same edition on the letters page, John Watson challenges the myth that continued membership of the EU is good for business. Since then, a radio pundit has just said withdrawal from the EU would inhibit growth.
EU bureaucracy has been inhibiting real wealth-creating growth for years with its endless stream of directives. I know one engineering company started by four individuals several years ago on a shoestring budget.
It went on to employ some 300 people directly and probably two or three times that number indirectly. If directive 97/23/EC had been in force at the time, that enterprise would have been killed stone dead at the first hurdle. A second example was a small company that found itself no longer able to trade within the EU, including the UK, from the day 2006/42/EC came into force because it simply did not have the resources to absorb and implement the bureaucracy.
Both the above companies continued to prosper because they had extensive markets outside the jurisdiction of EC directives. Meanwhile, our trade balance with Europe continues deeply in the red.
David Cameron could make a start by getting a mountain of industrial bureaucracy reduced. In doing so, he needs to be aware that our own civil service have gold-plated the directives far beyond what other member states consider necessary in their application. Nor does the onus for achieving a “Yes” vote at the referendum rest entirely on the shoulders of David Cameron.
The EU is currently nothing more than a corrupt monolithic expensive bureaucracy and the UK population is unlikely to vote “Yes” until it sees Brussels putting its own house in order. Mike Smith, Yorks Post.

Sorry Folks.

This Blogger has not got sufficient patience to report on England Cricket!