Speaking on Rudaw TV live from London on Friday British Conservative MP John Redwood said that his country should not worry about the value of the pound that may be affected by the UK leaving the European Union, saying that has happened before.
“I have no idea whether the pound will go up in two weeks or so or not but we know that the pound has gone up and down a lot all the time we have been in the European Union and I can forecast that it will go up and down a lot now that we are not in the European Union,” Redwood said.
The Conservative MP pointed to a bright side of a diminished pound, saying, “If the pound stays a bit lower it will mean the United Kingdom will be even more attractive for investors.”
Redwood said that the UK can now make its own decisions whereas now “We have to agree a lot of our laws with 27 other countries.”
“At the moment we have to send a lot of money to the European Union that we would rather spend at home,” he added. “There are certain taxes, which the British parliament would like to abolish and we are not allowed to. Once we are free of EU treaties we will be able to set our own taxes and make our own laws.”
Let me reassure your viewers, he said, that “We are not leaving Europe, we are only leaving the European Union. We love Europe, we will be friends with you, trade with you, invest in you, collaborate with you, have student exchange with you, common heritage, all these things will carry on and probably grow in strength.”
from Rudaw http://ift.tt/28VtL2Q
via Defense News
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