Grantham MP tells workers leaving EU will mean recession for the UK

Grantham MP Nick Boles addresses Totemic workers on the EU.
Grantham MP Nick Boles addresses Totemic workers on the EU.
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Grantham MP Nick Boles addressed a hundred workers to tell them why he believes the UK must stay in the EU.

Mr Boles spoke to the Totemic employees last Friday at a meeting in Caunt Road, Grantham, and said there were major economic reasons for staying in the European Union. He said many large firms were trading in the UK because it was a member of the EU, firms such as Siemens, Nissan and HSBC.

Mr Boles said that if the UK leaves the EU following the referendum on June 23, it will have to renegotiate trade deals with EU members and other countries which could take years. It will also mean that companies would be less likely to invest in the UK, he said.

Mr Boles said it was worth paying millions of pounds a week to the EU.

He said: “You do not get something for nothing. If you are not willing to pay the price you will not get the benefits.”

He added: “There are a lot of frustrating things about the EU and there are a lot of things we would like to change, but there would be damage done by leaving the EU.

“There is a real risk of recession soon after the referendum if we leave.”

Mr Boles said there was already evidence of businesses being adversely affected by the uncertainty surrounding the EU vote.

There were numerous questions from the audience which touched upon immigration, sovereignty, and how the NHS might be affected by leaving the EU.

Mr Boles said immigration was the one thing he had an issue with. He said it was his opinion that immigration into the UK was too high.

Following the meeting the Journal spoke to four Totemic employees to find out which way they were voting and if they had been swayed by Mr Boles’ speech.

Matt Windsor, 24, said he was already decided and would vote to stay in. He said: “It’s mainly for economic reasons. I think the country is stronger for being in the EU. Before Mr Boles came we were concerned how biased he might be, but he put forward both sides of the argument very well.”

George Codd told the Journal he had still not made up his mind but would probably vote to stay in.

He said he did not believe Mr Boles had been able to give a definitive answer to what will happen if the UK leaves the EU. He said: “It’s all speculation. It has not answered any of my questions.I still don’t know what the implications are going to be.”

Hayley Gosling, 23, said she was not going to vote, but following Mr Boles’ visit she had decided that she would.

Hayley said: “The MP made a lot of good arguments so I will do a bit of research and I will vote. I think he gave some good answers which I really appreciated.”

Matt Marland, 24, said he was voting to stay in. He said: “Mr Boles has reinforced my decision. He did not dodge the questions.”