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General Electric warn of EU exit

March 24, 2014 6:20 PM
Originally published by East Midlands Liberal Democrats


The chief of General Electric's European business has joined a growing list of business leaders calling on Britain to stay in the European Union.

Bill Newton Dunn in EU ParliamentGE, (which is a major employer in both Leicester and Northampton), add their names to the growing list of major employers including Siemens, Hyundai, Honda, Unilever, Shell and Nissan, who have also warned of the dangers of Britain leaving the EU.

Ferdinando Beccalli-Falco, president and chief executive of GE Europe, told the Financial Times, and also at a briefing last week in Brussels: "I really hope that England is not going to leave the European Union.

"It wouldn't be good for England; it wouldn't be good for Europe."

Bill Newton Dunn, Liberal Democrat MEP for the East Midlands commented:

"Being part of the world's most important market is vital for investment and jobs. That is the main reason why I believe so passionately that we should stay IN the EU.

"Those that want to pull us out of Europe threaten millions of jobs across the country, including here in the East Midlands.

"There is nothing patriotic about putting jobs at risk. Being IN gives us influence to protect jobs : being OUT leaves us friendless."

"We should be focusing on helping local businesses to grow further by working on new trade deals and cutting more red tape, both things I'm proud of having done in my time in the European Parliament."

The statement from the GE chief executive came just after another major household name, Thomas Cook, warned of the "unsettling" prospects of Britain leaving the European Union.

As well as talking about the importance of being in the EU for jobs, Thomas Cook CEO Harriet Green suggested that leaving would make travelling in Europe more difficult and could see the cost of holidays soar for British consumers.

Bill Newton Dunn added:

"These are the types of issues that will come up in the debates between Nick Clegg and Nigel Farage over the coming days.

"We are going into the European elections with a clear and simple message. If you want to stay in Europe and keep all the advantages that this brings, then vote for the Liberal Democrats, the only unambiguous Party of In."

If you can, possibly, help Bill with the cost of the European election campaign, he would be exceedingly grateful.

The Lib Dems are the only party which is saying loud and clear that the UK must remain inside the EU - in order to keep Jobs and to exercise influence.

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