EU Referendum Of UK - Brexit

10 Jun 2016

On Thursday 23^rd June 2016, a referendum will be held to resolve whether Britain shall persist or leave European Union. Brexit is a combination that Britain has picked up for addressing the situation if it chooses to leave the European Union (Britain & Exit). And if Brexit is mobilized after the poll if Britain leaves European Union there will be change in the budget and it will be called out for an emergency budget plan.

The major changes that will occur after the referendum will be reduction in public spending and a definite rise in taxes. These points will be warned by the Party deputy leader Tom Watson and Shadow cabinet Colleagues on Friday. Shadow Home Secretary Andy Burnham says that the “very real prospect of defeat” will be seen by the leftover campaign as it is not reaching the traditional labor Voters. He also quoted that this decision can lead to social “fragmentation” and the country will be disassembled. He also said, “We have definitely been far too much Hampstead and not enough Hull in the recent times and we need to change that. Here we are two weeks away from the very real prospect that Britain will vote for isolation”. He mentions, “I think it would have a profound effect on our national life - the fragmentation that will come, the fear and the division” and “Those are all the things that the terrorists couldn't create with their bombs and yet we will have a situation where society becomes more divided."

On the other hand, Labor MP John Mann is openly supporting Brexit suggesting “People’s Revolution is under way”. Another support for Brexit comes from labor Veteran Dennis Skinner. The figures from Institute of fiscal Studies will be shown by Mr. Watson & other Labor party members. Suggested figures are £18bn of reduction in public spending and tax rise if U.K. leaves the European Union.

Another warning will be coming from Former Leader Ed Miliband regarding the Conservatives. They will take a motion during the Brexit which will reduce the rights for Workers. During a speech in London he quoted, “Let's be clear what the Leave agenda would mean for working people. They want out of Europe so we can be out of the social chapter, as Boris Johnson said... in 2012. Their competitiveness strategy for Britain is deregulation and the erosion of rights of working people."

A Spokesman supporting Brexit said, “As support drains away from the Remain campaign, they are getting ever more desperate and hysterical with their fanciful Leave predictions.” 

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