I hate the term 'brexit', but looks like it's here to stay. Please find below some economic arguments for the UK to leave the EU. Useful for evaluation when looking at costs/benefits of membership.
1. Britain could join the European Free Trade Association (EFTA)
to avoid bureaucratic burdens on business linked to Britain's membership of the
EU, saying it could position itself as somewhere between Switzerland and Turkey, neither of which
are EU member states.
2. There would be significantly fewer regulations, coupled with greater trade with
emerging economies, could provide a real boost for Britain's economy.
3. UK could reallocate the money it saved on contributions to pay down its deficit to enjoy
a 10-billion pound surplus.
4. It would maximise the potential for an open, prosperous and globally engaged
UK.
5. Economic incentives from an EU exit would include a reduction in the rate of
corporation tax, the creation of special economic zones in poorer regions, and a
rise in the research and development tax credit for new investors.
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