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This week, EM Wandsworth & Merton joined Marsha de Cordova MP for Battersea in Westminster to host The Business of Brexit: The Impact of Leaving the EU on Businesses in Battersea and Wandsworth.

Marsha de Cordova introduced the discussion aimed at hearing how businesses in and around her constituency have been affected by Brexit, as part of the cumulative impact assessment that she felt was needed. She welcomed the commitment - from Sir Keir Starmer and David Lammy - to renegotiate our relationship with the EU if forming the next Government, but recognised that a key question would be the EU’s willingness to engage.

Barbara Callender, Chair of EMWM, outlined what the branch had already established from its surveys of local business opinions in 2018 and 2021.

Sir Nick Harvey, CEO of the European Movement UK, condemned the madness of the UK having thrown away its unique special status. He highlighted the damage to the UK’s public finances: even a cautious estimate of lost economic activity pointed to a £26bn annual shortfall for the Exchequer, equivalent to 5p in the £ on Income Tax. The remedy, he stated, would have to be in three stages: the Government re-applying for accession to the EU; the EU being convinced in the UK’s commitment, and the public voting resoundingly in favour this.

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