Call now 0208 663 4000
Or "Contact Us" and we'll call you back !

Tuesday, 23 February 2016

In or Out. What do British Businesses Think?

Image Credit: The Guardian

David Cameron is back from his "battle in Brussels" and his reward for his efforts were some considerable reforms on the UK's EU membership agreement including:
  • Child benefit - Child benefit payments to migrant workers to be recalculated.
  • Migrant welfare payments - The UK can decide to limit in-work benefits for EU migrants during their first four years in the UK.
  • Eurozone - Britain can keep the pound while being in Europe, and its business trade with the bloc, without fear of discrimination. Any British money spent on bailing out eurozone nations will be reimbursed.
  • Protection for the City of London - Safeguards for Britain's large financial services industry to prevent eurozone regulations being imposed on it.
  • Sovereignty - The UK will not be part of an "ever closer union" with other EU member states.
  • 'Red card' for national parliaments - It will be easier for governments to band together to block unwanted legislation.
  • Competitiveness - The settlement calls on all EU institutions and member states to "make all efforts to fully implement and strengthen the internal market" and to cut red tape.
  • Some limits on free movement - Denying automatic free movement rights to nationals of a country outside the EU who marry an EU national. There are also new powers to exclude people believed to be a security risk.
But what do UK businesses think about these reforms?

According to the Financial Time bosses more than a third of the companies in the FTSE 100 have declared that Britain is better in the EU and that Brexit would lead to potential job losses and affect investment. Companies including Vodafone, easyJet, BT and Barclays believe an exit from the EU would be negative for the British economy.

Moody's, a key investors service, said: “A decision to leave the EU would be credit negative for the U.K. The economic costs of a decision to leave the EU would outweigh the economic benefits.”

On Monday London Mayor Boris Johnson, a high profile figure, said he'll campaign to quit the EU. Since then the pound dropped to its lowest level in almost 7 years against the dollar, the biggest decline since 2009. 

Are you a business owner? Do you think the UK is better in or out of the EU? Let us know your thoughts. 

360ict provides managed IT services and support for SMEs in central London and the south-east, including Croydon and Bromley. For more advice on gaining competitive advantage as a mid-sized company, give us a call on 0208 663 4000. 


  1. At the point when a man begin possess business, he contribute all his cash, all his desire towards the business. I think a man is a piece of everything that he has perused with assignment help sydney and method for learning. I read everything that in it I like how you consider it.

  2. The most amazing and important technology that makes people's lives simple is printers. Anywhere, except at your house, you can print papers. In the market where HP Printer is the top pick, there are several printing brands available. Many HP printers are also known as all-in-one printers because they can print, scan, fax and copy at once. Contact the experts if you want to know How to Connect HP Printer to Wifi and request assistance. You can contact experts freely.
    connect hp printer to wifi

  3. Corrlinks Login:- The corrlinks website is built to help prison prisoners quickly and without complications communicate with their families. The system is ideally equipped to help individuals communicate with their inmates and ensure the constant flow of information. The Federal Prison Bureau has built this method to reduce the difficulty they need to go through while arranging a visit. This scheme also decreases their working time, which can be further used to improve the prison security system.
    The system is built in a specific way that is easy to use but only available when an inmate is on the invite connection type. This implies that without any need, one cannot simply build accounts on corrlinks. This also reduces the traffic details on the website; this decreased traffic ensures that prisoners and their outside family members have a smoother and more effective link. login | login

  4. I am working in this company you can seek assignment help uk to relieve you from assignment writing so that you can put your uncovered attention in preparing for exams

  5. Great post and I got extremely information from your article. I appreciate your work and requesting you to please keep posting other articles and like you, I am also here to provide information about aol mail login AOL mail login So if you need and if you want to get information about SOL mail login you can visit and if you facing any problem this is help to reach you out.

  6. Singapore is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developed nation, Singapore is able to provide its citizens with social services like public education, healthcare, and law enforcement. Citizens of developed nations enjoy a high standard of living and longer life expectancies than citizens of developing nations. Each year, Singapore exports around $410.3 billion and imports roughly $373 billion.

  7. We offer the types of assistance of assignment help online to the students who need help from our writing experts. Our expert specialists give different sorts of advantages by which the students can get the best grades in their assignments. Our Assignment Helper have faith in finishing the assignment inside the given time just as before deadlines with the master's help. We never miss the deadlines that make us quick assignment supplier to give the assignment writing services. Our services of assignment help online spare the students' significant time which the students can put resources into another significant subject.

  8. Scholars need to connect with effective online assignment writing for do my assignment query. For that, visit website of online service providers and check their reliability before placing your order for any subject.