>>But free movement of people, equipment and services are hugely beneficial.>>
We are still in the EU. Nothing has changed (other than the vote) for the moment and it will be some considerable time before it does so.
Do you seriously think that European countries would impede these key factors to any real extent when dealing with the UK after then? It would be in neither's interest.
The German motor industry, for example, exports billions of pounds worth of cars and commercial vehicles to the UK annually - it won't just cast that aside, but will certainly want to retain as much if not all of that trade.
Someone has mentioned a loan from the IMF. The Labour government acquired this in late 1976, the sum being $3.9M, although in the end the full amount was not taken up. At that time, incidentally, inflation stood at 26.9 per cent.
Last edited by: Stuartli on Fri 22 Jul 16 at 12:17
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