The Single Market doesn’t work for the UK, says the EU

Official: UK benefits least from the Single Market, out of all 28 EU members

    

Left: Credit EU Commission. Click right image for the one-page factsheet.

Brexit Fightback Initiative - One-pager no.5 - Nine Brexit groups endorsing

As part of our Brexit Fightback Initiative, Brexit Facts4EU.Org is pleased to announce that once again some great Brexit organisations have come together, to endorse the fifth factsheet in the series.

© Logos are the copyright of each organisation

This one-pager shows how the Single Market has benefited the other EU27 countries at the expense of the UK. You can now download this information as a simple, one-page PDF leaflet

Or you can read it below. We hope you find it useful.


Brexit Facts4EU.Org Summary

The UK benefits least out of the EU28 from membership of the EU Single Market

The information below comes from the EU Commission and the ONS, and as such is incontrovertible.

“The UK is the Member State with the lowest trade integration in the Single Market for goods”

EU Commission, Single Market Scoreboard, 2018

  • UK benefits least out of the EU28 from membership of the EU Single Market
  • Only 7.3% of UK GDP relates to UK goods exported to the EU Single Market
  • For EU total trade integration the UK is bottom
  • For goods exports to the EU, the UK is second to the bottom

Click chart to enlarge - © Brexit Facts4EU.Org

UK’s average growth rate has fallen since the Single Market started

If membership of the Single Market is great for jobs and the economy, then it should be possible to see increased growth after it started. We measured it over a suitably long period - 50 years – using ONS data.

UK average growth before and after the Single Market

  • 25 years BEFORE Single Market started: 2.4% average annual UK growth
  • 25 years AFTER Single Market started: 2.2% average annual UK growth

The UK’s average annual growth rate has fallen since the start of the Single Market, not risen.

Click chart to enlarge - © Brexit Facts4EU.Org

Some more quick & simple facts about the Single Market

  • Since the EU Ref, the EU27 have sold over £¼ TRILLION more goods to the UK than we have sold to them
  • Over 160 countries trade with the EU - and so can the UK - without membership of the Single Market
  • After 25 years, it still doesn’t work – ‘unfinished and stalled’ [Major OECD report, 2016]
  • The Single Market comes with unlimited EU immigration and subjection to EU laws which MPs can’t vote on
  • It affects ALL UK businesses, but 92% don’t even sell to the EU

The UK is the EU’s second-highest net payer, but at the end of the queue when it comes to benefiting from that.

The Single Market – Great for jobs in other EU countries. But not in the UK.


Endorsed by a NINE Brexit organisations with big reach

We are pleased to tell readers that we have received endorsements for this factsheet from eight other Brexit organisations, each acting independently. With us that makes nine

© Logos are the copyright of each organisation

These are: Brexit Facts4EU.Org, Alliance of British Entrepreneurs, Get Britain Out, Economists for Free Trade, Fishing for Leave, Global Britain, Veterans for Britain, Better Off Out (part of The Freedom Association), and Campaign for an Independent Britain . We recommend visiting their websites and following them on Twitter and Facebook, if you haven't already done so.

© Brexit Facts4EU.Org - click for full-size PDF version

Further action: This factsheet follows on from the first four factsheets in the ‘Brexit Fightback Initiative’. More factsheets are coming, with several of them nearing completion. In the meantime we hope that readers will do everything they can to promote them.

We would like to thank the following readers for their specific support of the Brexit Fightback Initiative :-

VIP Sponsors (£100 donation or more): Geoffrey Burwood, Barbara Jell, David Hurlbut, Jon from Wales, Patrick Ford, Michael Garland, Sydney Ashurst

Gold Sponsors (From £50 donation): Linda Thorpe, Margaret Dennis, David Warren, Jean Shaw, Keith Hartrick

Sponsors (From £10 donation): Nigel Wright, Jennifer Sayer, Ian Etheridge, Christine Baxendale, Mick Davies, Mel, Kevin Burrell, DM Hedley, Elaine Grant, Patrick Lane, Maureen Cooper, Rob Dilly, Geoffrey Bastin, Elizabeth Ford, Gary Bruce, R Livingstone, Peter Richardson, Peter Agate

P.S. If we have inadvertently missed you off the list, please let us know!

Want to see all factsheets in this series? Click here!

Observations

One-pagers like this take far more time to produce than they look. Perhaps this is why they are so rare. They ARE, however, very effective in getting the key messages to the public and to MPs.

Nine Brexit organisations have come together again to endorse this work. We hope readers feel the effort is worth it.

This is the fifth in the Brexit Fightback Initiative series and we desperately need to get the rest completed and endorsed. Other subjects will include Free Movement, Defence, Fishing, and several more fundamental areas where we have powerful arguments to make. They will contain official facts and figures, and simple charts, to illustrate the points at a glance.

We are very grateful to readers who have supported the Brexit Fightback Initiative with donations. We need more readers to become Sponsors if we are to complete this essential task urgently.

We are inviting readers to help by becoming a Sponsor (£10 donation), a Gold Sponsor (£50 donation), or a VIP Sponsor (£100 and above). We will not publish your name unless you give express permission, naturally, and your contact details are never used.

To become a Sponsor, please just use the quick and secure donation methods below this article. Thank you.

Politicians and journalists can contact us for details, as ever.

[ Sources: EU Commission | Eurostat | UK Office for National Statistics | OECD ] Brexit Facts4EU.Org, 11 October 2019

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