Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-13-Speech-3-457-000"
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"en.20120613.28.3-457-000"2
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"Mr President, this act purports, via a package of measures, to boost assistance for small and medium businesses yet I fear, once again, it is nothing more than comforting words to give the appearance of action. The reality is that the European Union is part of the problem, not the solution. Europhiles like Malcolm Harbour tell us that Britain’s future depends on membership of the European Union, that more than half of our trade is with the EU. These are disingenuous arguments. Eighty percent of UK trade is internal, with 50% of the rest being with the EU. That is only 10% of UK trade, for which we have had a deficit since the early 1970s. Yet the EU and its bureaucratic rules and regulations are draining the life out of small and medium enterprises. No wonder the Federation of Small Businesses said to prospective MEPs in the 2009 European election guide, please, no more EU regulations. Malcolm Harbour attended a dinner, as I did.
Commissioner Barnier, there are 4.5 million small businesses in the UK that account for 99% of all enterprise. That is almost 60% of private sector employment and almost 50% of private sector turnover. SMEs employ an estimated 13.8 million people and have an estimated combined annual turnover of GBP 1 500 billion. The EU has constantly negatively impacted on their ability to service the majority of their contracts, whilst making it easier for other EU countries to trade in the UK. No wonder eight out of ten people want a referendum on Britain’s membership of this corrupt and doomed mess."@en1
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