James Moore: CBI right to be jittery
over European exit
There’s a risk in the CBI entering the European debate. Britain is in a sullen and surly mood right now.
Its citizens aren’t particularly receptive to being lectured by big and wealthy businesses, or their trade bodies, at the best of times. Now is not the best of times, with a flatlining economy, a national mood of profound discontent and the perception that big business equals tax cheat.
All the same, its intervention is necessary. The Europhobic populists are putting across an argument that holds that this country will suddenly turn into the land of milk and honey if we just have the courage say yah boo to Brussels and its bureaucrats.
It is, of course, a fantasy. Except those on the wildest of Ukip’s fringes, no one wants out of the European Economic Area. Or the European single market. Because quitting those would be suicidal economically.
So, unless this country can secure an exemption (good luck with that), it is pretty much stuck with the requirements that go with being part of them. For example, the free movement of European people, including all those pesky Bulgarians and Romanians.
In quitting, however, we would have much less influence over how regulations on that, and on many other issues, operate in practice.
We would lose influence over how the single market is shaped, and how it works. Brussels could afford to ignore Britain’s foot-stomping, and would be free to introduce all sorts of things to that market which Britain might not like. That is why the CBI is getting very nervous.
It would rather have us in Europe and fighting than sitting on the outside and sulking. It has a point.
- 1 Autistic teenager beaten up by bullies makes them watch 20-minute video about autism
- 2 Nick Kyrgios calls former Olympian Dawn Fraser a 'blatant racist' after she tells Wimbledon star to 'go back where their parents came from'
- 3 World learns of app that shows you who unfriended you on Facebook, app promptly crashes
- 4 Chris Moyles reportedly set to make radio comeback with new breakfast show on XFM
- 5 The Greece debt crisis explained in less than 100 words
Florida man sentenced to two-and-a-half years for having sex on the beach in front of a child
Autistic teenager beaten up by bullies makes them watch 20-minute video about autism
Man who was struck and killed by lightning in Brecon Beacons 'was carrying a selfie stick'
Greece debt crisis as it happened: EU chiefs at loggerheads hours before Alexis Tsipras’s last ditch deal proposals
Florida teacher sentenced to 22 years in prison for sexually abusing three pupils
More Britons believe that multiculturalism makes the country worse - not better, says poll
Osborne to cap family benefits at £23,000 – announced ahead of his post-election Budget
Nathan Collier: Montana man inspired by same-sex marriage ruling requests right to wed two wives
Forget little green men – aliens will look like humans, says Cambridge University evolution expert
Girl, 7, stares down hate preacher at Ohio festival with pro-LGBT rainbow flag gesture
Sickness and disability benefits could be reduced by £30 a week as part of £12bn welfare cuts
iJobs Money & Business
£40000 - £95000 per annum: Recruitment Genius: This is an exciting opportunity...
competitive: SThree: Are you passionate about sales?Do you have a keen interes...
£17000 - £30000 per annum: Recruitment Genius: This is an exciting opportunity...
£15000 - £17000 per annum: Recruitment Genius: This company offers a range of ...