National News

Why I am so sure that Britain should remain in the EU - by Dr Wendy Taylor

Many local residents have told Liberal Democrat campaigners in recent weeks that they find it difficult to get the facts about the upcoming referendum - that both sides make claims that may or may not be true & this conflicting information makes it hard to come to a decision about what's best for our future. So I thought it might help to explain why I think staying in Europe is so important.

WT
22 Jun 2016
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"Financial suicide" if older homeowners vote LEAVE, as more experts urge REMAIN

British home prices will plummet if the United Kingdom votes to leave the European Union this week, billionaire investor Wilbur Ross said Tuesday. The bulk of WL Ross & Co.'s business in the U.K. is in mortgage lending. Ross sees a home price collapse hitting older Britons particularly hard. "The average house in the U.K. is about 250,000 pounds, and if it went down around 10 percent, which I think could very well happen, that would wipe out half the net worth of most of the older people who own their own homes," he told CNBC's "Squawk Box…I think they would be committing financial suicide," he said: http://www.cnbc.com/2016/06/21/vote-for-brexit-is-financial-suicide-for-british-homeowners-wilbur-ross.html

PMEM
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