OpinionAug 10 2016

Britain is no longer Great since the EU referendum

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With regard to Neil Liversidge’s letter on 28 July, June 24 was certainly was a day to remember.

I awoke to the news of the EU referendum, and I felt physically sick. Indeed, I am still grieving. For those of us who travel regularly to Europe, we know that practically everyone we speak to thinks we were mad. Admittedly, only 52 per cent can be considered as such. Mr Liversidge’s jingoistic rhetoric says a lot about the Brexit campaign. Unfortunately, many people take the title of our country rather literally. The great does not stand for superlative, it is only a geographic epithet. Indeed we are distinctly average today.

If you just refer to the national press over the last couple of days, we have:

1) Manufacturing activity contracted at a faster pace in more than three years and saw companies step up job cuts.

2) Of fund managers, 82 per cent believe London will be a loser from Brexit. Remember, these are the guys who manage all our money. If that is what they think, should we not all sit up and take notice?

3) Brexit vote led to biggest fund exodus on record.

4) UK business activity suffers its biggest ever month-on-month decline.

5) The effect on defined contribution pensions will be dire as a result of Brexit.

All this in only two days.

I know the majority of the national press (including your own Tony Hazell) were keen Brexiters (apart from notable examples). But, in the main, the wealth creators, the well-informed, the better educated (and remember please, I said in the main) were all in favour of remain. The corollary was that a greater proportion of the ignorant, uneducated and misinformed voted Brexit. (Again, please note, I do not say all). I also found that (again in the main) those who are able to speak another language apart from English were on the remain side. To me that speaks volumes.