Shropshire Star

Letter: 'Project Fear' has promoted Britain as a risk to investors

On June 23, 2016, in the biggest exercise in democracy in this country for a quarter of a century, 17,410,742 British people voted for us to Leave the EU.

Published

That's more people than have ever voted to elect a British government. It's more people than voted 'Yes' (i.e. Remain) in the last referendum, in 1975.

Since then the synchronised whining of the losing Remains has replaced the ridiculous threats and warnings they produced for 'Project Fear'.

Their false claims in 'Project Fear' have reduced the status of the UK in the eyes of many around the world to being 'a bad risk' and if investors are thinking twice about coming we can blame those in the government who instigated them.

According to the Office of National Statistics the sum we pay to the EU is actually £362 million each week (the amount varies with the fluctuation of the value of the pound against the Euro).

It should be obvious to all but the most simple of the chattering classes that when we actually leave the EU this money and all the other funds sucked out of the British economy by the European Union will be available to us to spend as we wish (including on the National Health Service).

We, in the UK, are now in a win-win situation. We will soon lose a huge drain on our economy (our payments to the EU) and, at the same time, we will have freedom to trade with the rest of the world (a market far bigger and more dynamic than the EU). Blame me, I voted UKIP

Denis Allen, Wellington

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