More Business Leaders suggest Britain should exit EU

[notcool]

The boss of one of the UK’s biggest companies has said Britain should leave the European Union if it cannot renegotiate a better deal with Brussels.

Dr Nigel Wilson, chief executive of insurance giant Legal & General, became the first boss of a FTSE 100 company to publicly suggest quitting the EU. He said the UK economy is ‘underachieving’ by focusing too much on Europe rather than faster growing markets.

He told the Mail: ‘Leaving the EU would not be as disastrous a scenario as some people have painted it as.
‘If we get a terrible deal we should stay out. I see the world as a huge opportunity for the UK but we are underachieving by concentrating on Europe, which is growing too slowly. This will not lead to economic growth in the UK.’

Legal & General is also a major investor in infrastructure projects. Dr Wilson yesterday complained that his firm has wasted £150million on complying with one European directive called Solvency II, which is making it more expensive for insurance companies to invest in infrastructure.

Last night he received the backing of another influential business leader. Peter Hargreaves, billionaire co-founder of investment and pensions firm Hargreaves Lansdown, said the UK should quit the EU whether a better deal is thrashed out or not. He said businesses are hampered by ‘stupid regulations dreamed up by bureaucrats’.

The intervention suggests growing disquiet with Brussels among big business. Simon Wolfson, boss of Next, and Phones4U’s John Caudwell are among a string of high-profile figures who have called for less intervention from Brussels.

http://www.dailymail.co.uk/news/art...gal-General-boss-delivers-Brussels-blast.html

The whole issue of renegotiation is a myth peddled by the political class, the major players in the EU have already said no reform is on the table, it's time to leave this soviet style empire.

 

[Wraith]

Seriously, more politics? This place is turning into the BBC, anyway all I'm going to say is *Cough* Dailymail! I don't even believe the date in that paper. End of.

 

[MadShadow]

Please... I cant take any more politics... I come here for PC stuff

 

[jamesriley94]

Mmmm, lol for linking the daily mail to substantiate the claim.

I think you, along with many others are deluded in what leaving the EU would mean. If we leave there's no free trade, and there's next to no migration.

All your holidays to Europe will be more expensive because of this as would be nearly everything we import.

As I'm sure you're aware there's no trade restrictions at all in countries in the EU and as soon as we leave, everything we import will go up in price, and everything we export will be less competitive in foreign markets so the economy will just lose any advantage we may have.

There just isn't an option to just 'leave' as so many people seem to think. We head back into a recession so quickly (just as Scotland would if they leave us).

However, if we can negotiate deals for free trade before leaving, then it then becomes an option. But, it isn't in the EU's interest to really do that since the EU as a whole is far bigger than the UK.

There's so many industries in the UK that rely so heavily on the EU and free trade to survive and stay competitive in the global markets, and leaving will be detrimental to us all.

 

[SeekaX]

Aren't you the UKIP guy?
Let's go back to medieval times everybody!

 

[WYP]

Yeah, leaving the EU isn't a great idea TBH. This is literally the same as when politicians say the NHS isn't cost effective and other such nonsense.

The EU allows us to easily and cheaply trade out goods, if we left lots of companies would leave us. One example is Airbus, manufacturing their A380 is all over Europe, some of which is in the UK, would they manufacture any of it in the UK if there were additional taxes or cost to it? Same applies to many other businesses.

IMHO Government ministers need to be much better informed, honestly how many of them know what they are doing? Is the chancellor of the exchequer an accountant? has the minister of education ran a school? Has the Minister of healthcare worked in a hospital?

 

[Dicehunter]

http://www.dailymail.co.uk/news/art...gal-General-boss-delivers-Brussels-blast.html

The whole issue of renegotiation is a myth peddled by the political class, the major players in the EU have already said no reform is on the table, it's time to leave this soviet style empire.

I think you need to go and educate yourself a little dude, Ever been around the EU ? As in actually left England and traveled ? Because it doesn't look like it.

If you had you would not be supporting the Tory, Excuse me, UKIP leader Nigel Farage.

If the UK left the EU prices would skyrocket for ANYTHING that was imported, Seriously England would become a very expensive place to get anything and seeing as a lot of stuff is imported from the EU expect price rises in the range of 50%+.

The biggest reason and the reason why I've made this bold, The reason why they want out of the EU is this, Without the EU 3 million jobs will be lost in the UK alone and worst of all the minimum wage will be abolished meaning employers can lower their wage from the £6-7 it is now down to £1 if they really wanted to, THAT is one of the main reasons they want out of the EU so the old boys can make more money for themselves.
This is not about making anything better for the people of the UK.

There just isn't an option to just 'leave' as so many people seem to think. We head back into a recession so quickly (just as Scotland would if they leave us).

Little bit of misinformation there bud, Who has the most gas, Oil and mines in the UK ? Scotland.

If Scotland left the UK which I hope they do as they are a different country then they would still be very well off as all the money would stay within Scotland instead of going to English companies.

I've been to Scotland and have a lot of Scottish friends and they are some of the best money managers around, when they leave the UK they will be very well off not just because of their management etc... but because of their oil, Gas and mines, Not forgetting to mention a lot of Scotts aren't that keen on the English.

I don't want to get too historical with this but was there a vote for the people when the English took Scotland ? nope they simply planted a flag and killed anyone opposed to the butchers apron i.e Union Jack.

Anyway getting off topic.

UKIP/Racists aren't welcome here.

 

[MadShadow]

UKIP/Racists aren't welcome here.

Yeah, thats notcool jk

 

[Dicehunter]

Yeah, thats notcool jk

UKIP are racist though, I've been to a few demos in England *Not UKIP* and UKIP usually turn up shouting racist slurs and complete bull shit and they are all chavs and scum.

Look at the main body of UKIP supporters, They are all what is known as under class, They look like your typical track suit wearing scally with no mind of their own and even less education.

 

[SeekaX]

I'd really appreciate it if he'd answer for once. He'd finally be someone i could argue with without having to fear to step on someone's toes.

 

[MadShadow]

I'd really appreciate it if he'd answer for once. He'd finally be someone i could argue with without having to fear to step on someone's toes.

Since when do you fear stepping on peoples toes?

 

[Dicehunter]

I'd really appreciate it if he'd answer for once. He'd finally be someone i could argue with without having to fear to step on someone's toes.

He's a UKIP supporter dude, They don't like facts and truth.

 

[SeekaX]

Since when do you fear stepping on peoples toes?

I don't, but the mods do.

He's a UKIP supporter dude, They don't like facts and truth.

Those are usually the ones who reply regardless. It's fun to argue with them, they get more and more defensive with each post, then they start attacking you instead of arguing and when that doesn't work either they post a final brain fart post and leave forever.

 

[jamesriley94]

Little bit of misinformation there bud, Who has the most gas, Oil and mines in the UK ? Scotland.

If Scotland left the UK which I hope they do as they are a different country then they would still be very well off as all the money would stay within Scotland instead of going to English companies.

I've been to Scotland and have a lot of Scottish friends and they are some of the best money managers around, when they leave the UK they will be very well off not just because of their management etc... but because of their oil, Gas and mines, Not forgetting to mention a lot of Scotts aren't that keen on the English.

I don't want to get too historical with this but was there a vote for the people when the English took Scotland ? nope they simply planted a flag and killed anyone opposed to the butchers apron i.e Union Jack.

Anyway getting off topic.

UKIP/Racists aren't welcome here.

On an island the size of Great Britain, Oil and Gas really aren't large enough attractions for long term investment.

The point with Scotland is that they have very little in terms of financial markets, and of course if they leave they won't have a currency. They won't be allowed to keep the pound, and they won't be allowed into the Euro (or the EU), and so it will be far too risky an investment for foreign investors.

Of course the North Sea Oil do make things a little better for Scotland, but a single industry of fairly limited resources on a global scale when compared to Russia and the Arab States don't make things very good.

Also for many years they'd have a low purchasing power parity meaning all imported products (including daily essentials such as food) will be more expensive so the Scottish people will be worse off.

Scotland would pretty much have to build up their economy from scratch, and for the start it certainly wouldn't be easy for them.

 

[Dicehunter]

On an island the size of Great Britain, Oil and Gas really aren't large enough attractions for long term investment.

The point with Scotland is that they have very little in terms of financial markets, and of course if they leave they won't have a currency. They won't be allowed to keep the pound, and they won't be allowed into the Euro (or the EU), and so it will be far too risky an investment for foreign investors.

Of course the North Sea Oil do make things a little better for Scotland, but a single industry of fairly limited resources on a global scale when compared to Russia and the Arab States don't make things very good.

Also for many years they'd have a low purchasing power parity meaning all imported products (including daily essentials such as food) will be more expensive so the Scottish people will be worse off.

Scotland would pretty much have to build up their economy from scratch, and for the start it certainly wouldn't be easy for them.

They will pull through, They shouldn't of been invaded or the new favorite word "Invited to the union" in the first place.

 

[WYP]

They will pull through, They shouldn't of been invaded or the new favorite word "Invited to the union" in the first place.

If I recall my history correctly, England and Scotland were ruled by the same monarch when a certain Scottish King inherited the English Throne, King James VI believe?

The Act of Union in 1707 was simply a formality to Unite the nations armies, parliaments crowns and take away the need to sign declarations of war from all participating kingdoms.

Scotland wasn't annexed by England mate.

 

[Dicehunter]

If I recall my history correctly, England and Scotland were ruled by the same monarch when a certain Scottish King inherited the English Throne, King James VI believe?

The Act of Union in 1707 was simply a formality to Unite the nations armies, parliaments crowns and take away the need to sign declarations of war from all participating kingdoms.

Scotland wasn't annexed by England mate.

The point is the people were not asked, No vote was given, It was the uppers that made the choices and a lot of Scotts do not like the English/UK and want out, They should be their own country again.
The UK is a pit and if anyone has any sense the should get out while they can.

 

[WYP]

The point is the people were not asked, No vote was given, It was the uppers that made the choices and a lot of Scotts do not like the English and want out, they should be their own country again.

Mate the people were asked, the act of union was agreed upon by both English and Scottish elected Parliaments. They were mightier together than apart back then and that might eventually created the British Empire.

The Scottish have their chance to vote now, decide their own future. I support them whatever the outcome, but I'd miss them being part of the UK if they became independent.

Personally though I find Salmond insufferable, he just doesn't seem to have a plan, if he quit avoiding the hard questions I might believe the things he says. That being said, I'm not a Scot and therefore don't need to be convinced by him.

What Grinds my gears is the fact that the many Scots living in other parts of the UK, including most of those serving overseas in the armed services cannot vote on their Home's future.

 

[Dicehunter]

Mate the people were asked, the act of union was agreed upon by both English and Scottish elected Parliaments. They were mightier together than apart back then and that might eventually created the British Empire.

The Scottish have their chance to vote now, decide their own future. I support them whatever the outcome, but I'd miss them being part of the UK if they became independent.

Personally though I find Salmond insufferable, he just doesn't seem to have a plan, if he quit avoiding the hard questions I might believe the things he says. That being said, I'm not a Scot and therefore don't need to be convinced by him.

Every country should have independence and not be ruled by another, I just can't stand English governments, They are all out for the top 10% weather it's tory, lab, lib dem etc... all of them are eaton school boy hand shakers who have no idea of what a working life is like, they get paid by the tax payer to talk and everything that comes out of their mouths is bull.

Anyway getting off topic again ^_^

 

[WYP]

Every country should have independence and not be ruled by another, I just can't stand English governments, They are all out for the top 10% weather it's tory, lab, lib dem etc... all of them are eaton school boy hand shakers who have no idea of what a working life is like, they get paid by the tax payer to talk and everything that comes out of their mouths is bull.

Anyway getting off topic again ^_^

Same can be said about the EU's policies, a lot of their laws overrule a nations sovereignty too, forcing adoption of many things without a referendum/vote.

I'm Pro EU, it would be difficult to get by without it. I think Scotland can do more with enhanced/ devolved powers than independence. Independence is a shot in the dark for them, with no guarantied outcomes, better or worse.

If you think the Mainland's politicians are crap, you should look at NI, a forced Government of Sides who literally exist to disagree with each other, the most inefficient system ever to be called a Government.