Lastly, it is commonly underestimated how much value being a member in the EU has on the jobs available in the country and the future job prospects available to all. There are two main sources of jobs in the UK: tourism and businesses. I will discuss both of these roots in detail so as to help understand how the changes made whilst we are in the EU and changes about whether or not we stay in the EU filter down to affect the very number of jobs accessible. 3.1 million Jobs in the UK (about 10% of all jobs) are tourism-related and there are 249,000 tourism businesses in the UK . So if we were to pull out of the EU then this would evidently drop as it would be slightly harder to get in with added border controls and restrictions for immigrants,
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This legislation is found in Article 101 and 102 of the Treaty on the Functioning of the European Union and aims to allow all businesses to do business across the EU whilst limiting monopolies and cartels . Part of being situated in the UK is because of the links with the EU and if they lost these benefits (if the UK left the EU) that they would have to relocate to somewhere that was in the EU. This is called Foreign Direct Investment and in 2009 the UK was the 5th largest recipient of this with there being about £1.125 trillion FDI stock . The free trade policy means that there are no tariffs or quotas placed on companies exporting goods or services within the EU which makes it a lot easier for business to do trade between the many economies and countries. In the year to March 2015, the UK sold £144.5 billion exports of good to the UK and bought £223.7 billion worth of imports into the UK . As a nation the UK does a huge amount of trade with the EU which therefore leads to this policy saving the UK a lot of money. Tariffs and quotas are not only expensive in themselves, they ensure that the products cost more for the consumer. This forces many people to buy cheaper, yet similar, alternatives. Additionally this is enforced by the common commercial policy which are the rules that place tariffs, quotas or subsides on imports from outside of the Eurozone which tries to encourage people to buy the good from inside the EU if they live within the EU . For example the budget airline, EasyJet, recently said to UK Government officials that ‘its entire business is only possible because EU countries agree to apply common rules to companies operating across borders’
This legislation is found in Article 101 and 102 of the Treaty on the Functioning of the European Union and aims to allow all businesses to do business across the EU whilst limiting monopolies and cartels . Part of being situated in the UK is because of the links with the EU and if they lost these benefits (if the UK left the EU) that they would have to relocate to somewhere that was in the EU. This is called Foreign Direct Investment and in 2009 the UK was the 5th largest recipient of this with there being about £1.125 trillion FDI stock . The free trade policy means that there are no tariffs or quotas placed on companies exporting goods or services within the EU which makes it a lot easier for business to do trade between the many economies and countries. In the year to March 2015, the UK sold £144.5 billion exports of good to the UK and bought £223.7 billion worth of imports into the UK . As a nation the UK does a huge amount of trade with the EU which therefore leads to this policy saving the UK a lot of money. Tariffs and quotas are not only expensive in themselves, they ensure that the products cost more for the consumer. This forces many people to buy cheaper, yet similar, alternatives. Additionally this is enforced by the common commercial policy which are the rules that place tariffs, quotas or subsides on imports from outside of the Eurozone which tries to encourage people to buy the good from inside the EU if they live within the EU . For example the budget airline, EasyJet, recently said to UK Government officials that ‘its entire business is only possible because EU countries agree to apply common rules to companies operating across borders’