National News

House of Lords warned of job losses, less investment in North East

The NE is a manufacturing region and an exporting region. Many thousands of jobs (around 150,000) in the North East (and millions across the UK) depend on exporting to our European partners. Leaving the EU's single market, which is the world's largest free trade zone, would hit our trade and investment and increase unemployment.

JS
10 Jun 2016
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Job losses already, poorest families would be hit hardest by LEAVE EU

Think tank says Brexit would hit poorer families hardest: A report from the National Institute of Economic and Social Research said that low-income households would be disproportionately affected by a Brexit, estimating that in a worst-case scenario, the households could receive £5,500 less per year in tax credits and benefit payments in 2020, reports Politico Morning Trade. The estimates assume that welfare spending would be slashed to adjust to the new economic climate: http://www.niesr.ac.uk/publications/eu-referendum-and-fiscal-impact-low-income-households#.V1qGYdIrLIV

PMEM
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