UK Treasury chief warns of tax rises in case of EU exit

Pile on the political complications of disentangling British business regulations from rules made in Brussels, and the adjustment process could take as much as a decade. It’s also the first time since David Cameron promised to hold a referendum back in January 2013 that Leave has led in one of Ipsos MORI’s monthly polls.

The polls have shown that people are changing their minds according to the latest news and find it hard to decide what is best for them.

When would Brexit actually happen?

Markets, of course, have been reacting to the many polls rolling out in advance of the so-called Brexit referendum next week. Although different polls using different methodologies have found widely varying levels of support for staying or going, established pollsters have generally given the edge to those favoring remaining in the EU.

Renegotiating those pacts would not be a quick process, and experts have estimated it could take upwards of two years to unwind the United Kingdom from the European Union. Another option is for Britain to negotiate a free trade agreement with the EU.

A fall in the pound means that you will have to splash more cash on holidays in Europe and the cost of the weekly shop could go up. According to the DIW calculations … this would in itself reduce the growth of GDP by 0.5 percentage points next year and by 0.1 percentage points this year.

By dipping into negative territory, albeit slightly, Germany joins a small club of wealthy, developed countries, including Denmark, Switzerland, Japan and Sweden, that are essentially able to borrow money from investors and then charge them to do so. If you ask any of the older people before we entered the European Union in 1973, Northern Ireland was a backwater in the minds of Westminster and received in proportion not very much.

This would immediately end the European Court of Justice’s control over national security and allow the Government to remove EU citizens “whose presence is not conducive to the public good”.

Investors across the world have an opportunity to buy into the market while it is down.

Reacting to the Sun’s front page, Nigel Farage, leader of the anti-EU UK Independence Party, said he was “over the moon” at the newspaper’s decision to back the Leave campaign.

Meanwhile, employment group Manpower issued a report saying that leaving the European Union could leave British industry “critically short” of workers.

European Union laws actually protects some rights such as paid leave and the opportunity to live and work in other parts of Europe.

German Chancellor Angela Merkel has said it would be better for Britain to wield power from within the bloc than outside.

As stocks declined, USA government bond yields remained at their lowest levels since 2012 as investors sought safety ahead of the Fed meeting and the vote in Britain.