EU Single Market Act - Simply doesn`t work for UK businesses and jobs

Here is a text of a speech I gave in the EU Parliament in Strasbourg on Wednesday 13th June 2012


This Act purports via a package of measurers to boost assistance for Small and medium businesses.

Yet I fear, once again this is nothing more than comforting words to give the appearance of action

The reality is that the European Union is part of the problem not the solution.

Europhiles like Malcolm Harbour tell us that Britain's future depends on membership of the European Union that more than half of out trade is with the EU.

These are disingenuous arguments. 80% of UK trade is internal with 50% of the rest being with the EU. That's only 10% of UK trade to which we have had a deficit since the early 70´s.

Yet the EU and its bureaucratic rules and regulations are stranling the life out of Small and Medium Enterprises. No wonder the Federation of Small Businesses said  `Please no more EU regulations` to prospective MEPs in their 2009 European Election Guide.  

Commissioner Barnier, there are 4.5 million small businesses in the UK that account for 99 per cent of all enterprise that's almost 60% of private sector employment and almost 50% of private sector turnover

SMEs employed an estimated 13.8 million people and had an estimated combined annual turnover of £1,500 billion.

The EU has and is constantly negatively impacting on their ability to service the majority of their contracts whilst making it easier for other EU countries to trade in the UK

No wonder 8 out of 10 people want a referendum on Britain's membership of this corrupt and doomed mess