Why I'm not caving into Brexit fears

Tuesday, 15 March 2016

They are threatening us with all sorts of horrible things if we vote to leave the EU. None of which will happen. You see the EU does not like uncertainty and our government doesn't either. And since neither really knows what will happen if we go out of the EU all the way and all at once, neither side will take the gamble. We can expect possibly these most risk averse negotiations of the last hundred years. Nothing will be left to chance. That means an agreement very close to actual EU membership.

As much as that means little or no change to the immediate business environment, it also means that there is no real competitive advantage in businesses decamping to greener pastures. It's just not worth it. If there are no new tariffs, no major changes to regulations and the same availability of people, why would you bother? Simple answer - you wouldn't.

But even then there is every reason to believe Britain thrives regardless. Norway's $830 billion (£584 billion) sovereign wealth fund, the world's biggest, does not see the prospect of Britain leaving the European Union as a significant risk to its investments. Its chief executive told Reuters this on Wednesday. If anyone knows about thriving outside the EU it's Norway. We will do better. And here's why.

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