Sponsored content: Have you made your decision? Should we think like entrepreneurs and take a risk by voting leave on Thursday?
- Credit: Su Anderson
THE EU debate has dominated headlines in recent days, but as the referendum draws closer it is proving harder and harder to make a decision.
“The level of information we have had so far has been paltry,” said Keith Senior, a director at Jacobs Allen Chartered Accountants & Chartered Tax Advisors.
“People are demanding facts but it is impossible to give facts. We are asking what the situation might be like in the future, and no-one can tell us that.”
For Mr Senior, who is based in west Suffolk, the decision is more about assessing the risks and managing those.
“”Everyone seems to be talking about the uncertainty of leaving, but what about the uncertainty of staying in?
“To me it seems there are untold risks staying with the EU, and yes, there are risks in leaving, the economic situation might not be as good in the short term, but we have to think like entrepreneurs and be prepared to assess those risks.
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“When an entrepreneur sets up a business or takes over the management of a business they have acquired, they have to take risks and manage those risks. We need to do much the same with our country, rather than accepting things that are forced upon us by being part of the EU club.”
He continued: “The lack of democratic accountability and inability for us to vote against EU policies poses risks. Although we have been a significant voice in Europe over the years, it seems that David Cameron’s hoped-for reforms were skilfully reduced in impact by other EU members.
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“Talk of future reform is not something we can rely on and we need to vote according to how it is today, rather than what it might become.”
With that in mind, he has come to a decision on how he will vote.
He said: “My view is that we ought to vote to leave the EU.
“Levels of unemployment in parts of Europe, particularly the southern, Mediterranean countries, are significantly higher than that of the UK. If we vote to Remain, this could incentivise potential migrants to come to the UK via the EU where they will have better prospects, a better chance of getting a job and a higher standard of living.
“I don’t think we have the infrastructure in the UK to deal with a further significant influx of economic migrants, whether from the EU or outside, and so we want to be in a position where we can control migration.”
Looking at the long term picture, Mr Senior believes other countries will start rethinking their role in the EU in coming years, which could leave the EU in a vulnerable position.
“The Euro zone is in difficulty and it doesn’t seem that the single currency will have a particularly positive outcome, and that will affect Europe.
“No country has left the EU before and the UK’s current situation has an effect whichever way we vote; vote Leave and we’ve set a precedent for others to follow, but vote Remain and we’ve still set a precedent for others to have a referendum, both causing instability in the EU.
“It may be that the diverse economies of the remaining members of the EU make it impossible for it to continue as it is now.”
He feels leaving now and managing our risks, while Europe is still in a relatively strong position could save Britain’s economy.