Monthly Archives: June 2016
The UK voted in the Referendum by a very narrow margin the leave the EU. But it is not as simple as that. The process of leaving begins when the UK writes formally to the EU, specifically commencing the process set out in Article 50 of the Lisbon Treaty. The Referendum is technically not binding on Parliament, the overwhelming majority of MPs preferring Britain to stay in the EU. The Prime Minister, Mr Cameron, has said he will step down for a new leader of the Conservative Party to be appointed, sometime in the Autumn, and he will not invoke Article 50, believing that this should be done by the new Prime Minister.
The leader of the “Out” side, Mr Johnson has said that he believes that the EU and the UK will retain access to each other’s markets. Mr Johnson adds that “Immigration was not the main issue in the Referendum” and a spokesman for Mrs Merkel has already commented that access to the EU Market for the UK is perfectly possible if the UK pays a contribution to the costs of the market in a similar way to Norway. Incidentally, this model also involves, for all practical purposes, free movement of people. Then what is going to change I hear you ask, and my opinion is “Not very much” The UK and the EU will continue to be effectively a free trade area, there will be movement of people and the UK will contribute to the costs. Read the rest of this entry