Telegraph publishes letter from 300 business leaders who back UK leaving EU
May 17, 2016, 6:40:26 CEST | Wikinews

()
ss="published">Tuesday, May 17, 2016 


United Kingdom
Related articles


17 May 2016: Telegraph publishes letter from 300 business leaders who back UK leaving EU
13 May 2016: IMF says UK leaving the EU will lead to negative economic consequences
11 May 2016: Grand National winning horse 'Comply or Die' dies, aged 17
10 May 2016: Political columnist apologises after mocking disabled broadcaster Andrew Marr
4 May 2016: Leicester City wins first Premier League as Spurs and Chelsea held for 2-2 draw


Location of the United Kingdom



Collaborate!


Pillars of Wikinews writing
Writing an article




A letter from more than 300 business leaders was published on Sunday in The Telegraph in support of the United Kingdom (UK) voting to leave the European Union (EU) in the EU referendum next month.

The signators, writing in a personal capacity, are connected with businesses of small to medium size. This is in contrast to multiple, high-profile, supporters of Britain Stronger in Europe, the official campaign to stay in Europe. This support has included financial donations from companies such as JPMorgan Chase and Citigroup. Those supporting a vote to leave the EU have previously claimed the campaign to remain is only supported by big business.

The Telegraph suggested the letter would be interpreted as a response to last week's warnings from the {{w}International Monetary Fund}} and Bank of England that voting to leave the EU would have negative consequences for Britain's economy. These institutions warned that the UK leaving the EU would increase uncertainty as new trade agreements were negotiated, and cause a fall in the value of the pound sterling. One of the signatories, Lord Farmer, has also stated the EU will still want to trade with the UK, and has "no reason to put up barriers."

The letter's publishing coincides with that of research from Vote Leave stating UK exports to the EU have performed worse over the last fifteen years than any other EU country. Vote Leave argue this shows "the 'single market' has failed British exporters".

Source: Wikinews
Share this article:
share article on facebook share article on twitter share article on google+ share article on tumblr share article on blogger share article on reddit

Send us your articles and web-novels!
comments powered by Disqus
Most popular


Recently Viewed:


Telegraph publishes letter from 300 business leaders...

ss="published">Tuesday, May 17, 2016  United Kingdom Related articles 17 May 2016: Teleg...


Alienware Steam Machine launching this September?

It has been reported that Alienware is planning to release its third-party Steam Machine in ...


Senior UK politicians talk at Confederation of Briti...

May formally announced plans to cut corporation tax from 20%, without giving details, in ord...


Australian businessman Alan Bond dies aged 77

Australian business tycoon Alan Bond died today after complications from open heart surgery....


Top 5 PC games to look forward to in 2014 (GALLERY)

A gallery of our top 5 most anticipated PC games for 2014. Let us know which PC games...

Automotive
Reviews | Technology | Projects & Tuning | Events | Racing
Business & Technology
Business & Economy | Mobile | Internet & Media | Security & Privacy | Gadgets & Tech | Software
Lifestyle
Health, Food & Fitness | Fashion | Gardening | DIY | Homes
Society
Accidents | Crime | Culture | Finance | Politics
Science & Environment
Wildlife | Green | Space
Gaming
Reviews
Society
Accidents | Crime | Culture | Finance | Politics
Travel
MM-iNEWS
Copyright & Privacy | Site Roadmap | Sitemap | Contact
Web Development @ OverHertz Ltd
Ω