Farage challenges Rees-Mogg on improving Brexit deal
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Analysis by pro-Brexit think tank Facts4EU has suggested staying in the single market – a key argument put forward by europhiles in the 2016 referendum – would have been detrimental to the UK. A study using figures from the European Commission’s Single Market Scoreboard 2020, suggested Britain did not reap the benefits of the free moment of goods and services as a percent of Gross Domestic Product (GDP).
Compared to the other 28 EU member states at the time, it found the UK ranked 27th in terms of goods and 26th in relation to services.
Tory MP Sir John Redwood has said the numbers show the UK was right to ditch single market
Facts4EU chairman Leigh Evans added the study has debunked myths put forward by Remainers about the economic importance of being in Europe’s largest trading bloc.
The report has attracted a wave of responses from Express.co.uk readers who let loose at Remainers in the comments sections of a story about the study.
One reader wrote: “Remoaners won’t be happy today.”
A second added: “Come on the Remoaners. Try and spin this one.
“The facts are clear. We are better off out of the EU. We are better off out of the single market.
“All the doom and gloom Remoaners have been spreading since before the monumental Brexit vote has now been proven to be hogwash.
“Thank goodness the majority of voters in the UK ignored the scaremongering. Here’s to a prosperous, growing future for the UK.”
A third wrote: “Hey Remoaners, I’ll make it so simple that even you can understand… There was a referendum. You lost. We’re out. Get used to it.”
Meanwhile, a fourth added: “Well bless my cotton socks, who’d a thought it, (apart from the 17.4 million people that voted to leave 5 years ago). Bit late with this news aren’t they.”
In terms of goods, the report placed the UK on 10.2 percent of GDP, with France on 13.4 percent, Germany on 20.7 percent – and Slovakia on a 63.7 percent.
In terms of services, the UK was on just 5.2 percent of GDP, just ahead of Germany (five percent) and Italy (3.7 percent).
Responding to the report, Sir John said: “The more revealing figures show the UK’s growth rate fell after we joined the EEC and fell again once they completed the single market in 1992.
“That was why some of us campaigned to leave the Single Market as well as leaving the EU.”
He added: “The single market was designed against us and promoted continental exports to us to replace our home production.”
The Facts4EU chiefs took aim at the leading figures opposed to Brexit during the historic vote.
Mr Evans added: “Prime Minister David Cameron, Chancellor George Osborne, and all of ‘the Great and the Good’ didn’t stop talking about it.
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“Without being a member of the single market, the public was told, the UK was more or less finished.
“Between 500,000-820,000 people would lose their jobs almost immediately, the UK economy would fall off a cliff, house prices would plummet, and the defence of the Realm would be in peril.”
Meanwhile, the European Commission describes the single market as “among the greatest accomplishments of European integration”.
On its website, it adds: “For over 25 years, it has been delivering growth, jobs, legal certainty to business, a wide choice of safe products to consumers and guaranteeing the free movement to EU citizens in the Member States.
“It is part of our daily life, interweaving the activities of businesses and consumers across borders.”
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