Brexit is on everyone’s mind, from all the newspaper outlets, to economists and bloggers. To the point that even the yummy mummies have gone from talking about children/exercise/holidays to Brexit at their coffee mornings. So I thought I would give my two (10) cents about it:
10 Reasons to Stay:
- The Economy: We’ve just clawed our way out of a recession, and with the impending Brexit, the pound is down, the FTSE is down and the OECD predicts world economic gloom if Brexit happens. Is this really what we want post-crisis?! Even the Brexiters admit it. It is evident that we will be worse off after Brexit.
- Jobs: It’s not just the banks who are preparing to relocate 1000s of their staff to Frankfurt or elsewhere, other jobs will be lost along the way, which of course will affect point #1. There are 3 Million EU nationals working in the UK, many of them the top talents attracted to London for its opportunities. They’re not here for the weather are they?
- Housing market: The housing market is already in a precarious situation and is doomed to fall if Brexit happens. Already, we’ve been feeling the strain on the housing market with increased stamp duty and other George Osbourne obstacles. Isn’t that enough?
- Immigration: London is the most cosmopolitan, international city in the world. It embraces people from all the world and integrates them better than any other city, which is why there are so many expats here (uhm, France/Germany/Italy/US are not known to be the best integrators there are). And can you imagine what it would do to the visa process? Have you ever waited for your nanny/housekeeper’s visa to come through? The UK just wouldn’t be able to cope.
- Food: Twenty five years ago, I came to London, and all I remember was a drab, grey city with terrible food. But since then, French, Italian, Spanish and even German food has invaded ‘our’ city (I now do believe that London is ‘my’ city). This is a great thing. The restaurants in London have become so good, we don’t need to fly over to the continent for proper food. All the Europeans in the food industry will suffer. We don’t want London to go back to pre-historic, dark un-foodie ages.
- Travel: The open borders mean that travel between the UK and the continent is easy: we all hop on a plane (Easyjet) to fly to Greece/Sardinia/Ibiza/South of France. Being in the UK means that this is easy, fluid and open. Are we really going to need a visa to go to Space?
- Tech: If East London wants to contend with Silicon Valley, the UK needs to let the doors open to all the techie-talent coming from Europe. The Google Campus attracts all of these young, talented techies from all over Europe who come to London for its opportunities. Let’s not close down any of these opportunities.
- Education: 4 university leaders agree: they are voting to stay. Nobel Laureates also agree. They cite research, staff and funding all as reasons. Surely the most brilliant minds realise the benefits of staying, why can’t all of us?
- Research & Science: Brexiters are overlooking the fact that Britain would lose funding for vital research in the science and medical fields. Paediatric research is hugely funded by the EU. Go ask Great Ormond Street. Or other British universities. This threatens the UK as one of the top research nations in the world.
- The Capital of the World: I consider London to be the Capital of the World: it is international, dynamic, you can easily travel to the 4 corners of the world from it, and it is tolerant. Closing down its barriers will make it a worse place. I am biased, but I hope you’ll join me to stay in the EU.