The Impacts of

UK Leaving
EU

BREX
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What is the European Union

The EU is a unique economic and political
partnership between 28 European countries
that together cover much of the continent.

Road to the European Union

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After seen the horror of WWII the European

Community needed an alliance.
In 1951 European Coal and Steel Community was
formed by 6 countries.
In 1957 European Economic Community was
formed.
In 1973 the UK joined to the European Economic
Community.
In 1993 the European Union was formed.
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In 2002 the Euro became the currency of

Purpose of EU
The fundamental purposes of the European Union
are to promote greater social, political and
economic harmony among the nations of Western
Europe.

Now the European Union is an

economic and political union of:

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28 member countries.
With the population of approximately 507.4 million
people.
With an economy that generates a nominal GDP of
about 14.3 trillion (US$18.5 trillion in 2014)
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What is Brexit
Brexit is an abbreviation of "British exit" that refers to the
possibility of Britain's withdrawal from the European Union.

Reasons that leads to Brexit

The interference of European Union.
The UK tax payers money goes directly into
European Union, 14.5 billion a year.
The European Union regulations cost UK
businesses over 600 million every week.

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What are the impacts of Brexit ?

Economic
One in every ten UKImpacts
jobs are linked to the trade with the
EU. Therefore Brexit might affect there jobs directly or
indirectly.

61% of UK small business exports go to the EU. Being able

to trade freely with EU countries, with no tariffs or
barriers, helps small businesses in the UK grow and create
jobs. This might be affected.
Impact of Brexit could lead into lower GDP of 2.2% in 2030
or hopefully lead into higher GDP of 1.6%.
Leaving the EU could lead into lower trade between the EU
and UK generating complications.
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Leaving the EU could also affect Foreign Direct

Impact on currency
Investors are worried about the
possible economic impact of a
decision to leave the EU.
The Sterling Pound is falling against
all major currencies.
It was down by 2% against US Dollar
and hit the lowest since 2009.

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Its dropped 1.3% lower against the

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Euro.

Impact on Trade
Trading freely with the EU allows UK businesses to grow. Being able to trade
freely with the EU helps UK businesses grow and create jobs . Therefore,
leaving EU might put all this at risk.
4 out of 5 Small Business back the EU. Four out of five UK small businesses
say access to EU markets is important to their future growth, in case of UK
leaving EU, these small business might suffer losses.
70% of major business expect damage if UK leave the EU. A new survey
shows 70% of FTSE 350 firms, some of the UKs largest companies, think
theyll be hit if UK leaves the EU.
TTIP (Transatlantic Trade and Investment Partnership) deal between US and
EU will not benefit UK if they leave EU.
CETA (The Comprehensive Economic and Trade Agreement) between Canada
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and EU will also not benefit UK if Brexit happens.

Impact on Society
Being in European Union means lower prices for UK families because it's cheaper to trade and theres more choice. If UK
left the EU, the cost of imports could rise by at least 11
billion (sources: HMRC & WTO) leaving UK families out of
pocket as prices rise.
Independent experts estimate the benefits of being in the EU
are worth 3,000 a year to the average UK household - due to
lower prices and more jobs, trade and investment. This will
be all lost if UK leave the EU.

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Q&A
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Thank You!

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