John Redwood MP: What does Brexit look like?

When we leave the EU we will not leave Europe. We will still trade with them, have many agreements with them, we will travel, enjoy each other’s culture and language, foster student  exchanges, undertake joint research, common investment projects and much else.


Our exit from from the European Union will create a more prosperous, freer and more democratic Britain on exit from the EU. 

Brexit means taking control of our own money and spending it on our own priorities. It means offering that Brexit budget to banish austerity, spending £10bn more on what matters to us. It means an immediate and substantial improvement in the UK balance of payments as our contributions to the EU stop.

Brexit means taking control of our borders, so we decide how many people to invite in to our country. It means a fair migration policy offering the same opportunities to  people from the rest of the world as from the rest of Europe. It means inviting in students to study, welcoming skilled and talented people into jobs where we need them,  accepting entrepreneurs and investors who want to create jobs and own assets in the UK. As Lord Rose of Remain has said it means higher wages as we cut the flows of EU migrants into low paid jobs.

Brexit means setting the taxes we want to impose. It means we can keep the corporate taxes we raise from big business, instead of losing £7bn every five years from European Court judgements making us send money back to those rich  companies. It means we can abolish VAT on domestic fuel to tackle fuel poverty, scrap the hated tampon tax and take VAT off green products and insulation materials.

Brexit means making our own laws without having to get the agreement of 27 other countries.

Brexit means restoring the UK’s influence in the world, as we regain our vote and voice on world bodies which the EU has taken from us. We will be able to negotiate our own free trade agreements with the fats growing economies of the world.

And Brexit means continuing to trade with the rest of the EU as we do today. As Lord Rose has said, after Brexit little on trade and  business matters will change. The rest of the EU does not wish to sell us less and realises they cannot impose new barriers to a profitable trade.

Brexit means a more prosperous, freer, more influential UK. Referendum Day can be Independence day, the day we restore our democracy.

John Redwood was Chief Policy Advisor to Margaret Thatcher in the mid-1980s, and has been has been Member of Parliament for Wokingham since 1987. A businessman by background, he has been a director of NM Rothschild merchant bank and chairman of a quoted industrial PLC.

Visit his website and follow John on Twitter.