'Brexit' could cost Britain £100 billion and a million jobs - CBI

reuters.com ^ | Mar 21, 2016 | reuters

[Berlin_Freeper]

A British vote to leave the European Union could cost the economy £100 billion and 950,000 jobs by 2020, according to research commissioned by employers' group the Confederation of British Industry (CBI).

The CBI said "Brexit" would deliver a serious shock to the British economy, regardless of any trade deals the country could negotiate with its former European partners.

"This analysis shows very clearly why leaving the European Union would be a real blow for living standards, jobs and growth," CBI Director-General Carolyn Fairbairn said in a statement on Monday.

"The savings from reduced EU budget contributions and regulation are greatly outweighed by the negative impact on trade and investment. Even in the best case this would cause a serious shock to the UK economy."

[Scottishlibertarian]

This report was published by Pricewaterhouse Coopers, a firm that has made millions from the EU:

http://order-order.com/2016/03/21/cbis-pro-eu-report-by-eu-funded-pwc/

[aMorePerfectUnion]

The EU came to power under a false idea and has progressed to its real intent - unelected dictatorship that displaces national sovereignty.

[az_gila]

And what I think is a better analysis, looking at it from the EU side -

http://www.iea.org.uk/blog/brexit-what-would-it-mean-for-the-eu

[the scotsman]

UK public overall to vote to leave.
Scottish public to vote to leave.

[Little Bill]

What is the percentage of Scots that would vote to leave? I have always thought that the Scots were socialists to a man.

[the scotsman]

No, not all. Since the 60s, Scotland has certainly been left/centre-left in urban areas, more conservative in rural.

Hard to say, but I think the SNP and pro-EU group will be surprised: I can see 50-60% leave vote up here. A lot of folk might be of the left or centre left, but distrust the EU and have grave fears for the UK and Scotland due to the refugee crisis.