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@ Denis MacShane
Labour MP for Rotherham
What would a government have to do following a 'NO' vote on the treaty? How much would it cost us and how would it affect our competiveness, wealth and security?
Answered by Denis MacShane
Saying ‘No’ to Europe would minimise Britain's economic clout, which is based on trade with Europe. Non-EU member states like Switzerland or Norway have to pay hundreds of millions of Euros to the EU for the right to trade. Their laws have to be in conformity with EU norms. The UK outside the EU would be without influence on the world stage and would be lose all the inward investment that comes here because we are in Europe.
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