The Independent London Newspaper
21st October 2017

Council leader 'deeply concerned' by Theresa May's move to quit single market

    Sarah Hayward

    Published: 19 January, 2017

    THE Town Hall has set up a cross-party group which will tackle the effects of Britain's exit from the European Union.

    The move was confirmed as Camden Council leader Councillor Sarah Hayward issued a statement calling Prime Minister Theresa May's move to take the country out of the single market as "deeply concerning".

    While the Leave campaign won last June's referendum, three-quarters of residents in Camden who took part in the vote had been on the Remain side and pro-EU councillors say they will stand up for those fearing what Brexit will lead to.

    Ms May delivered a speech on Tuesday after being pressured to outline how she thinks Britain's split from the EU will work.

    She said: "What I am proposing cannot mean membership of the single market. European leaders have said many times that membership means accepting the 'four freedoms' of goods, capital, services and people. And being out of the EU but a member of the single market would mean complying with the EU’s rules and regulations that implement those freedoms, without having a vote on what those rules and regulations are. It would mean accepting a role for the European Court of Justice that would see it still having direct legal authority in our country. It would to all intents and purposes mean not leaving the EU at all. And that is why both sides in the referendum campaign made it clear that a vote to leave the EU would be a vote to leave the single market."

    But Cllr Hayward said: "The confirmation by the Prime Minister that the UK will be leaving the Single Market is therefore deeply concerning for our communities, our economy and our wish to ensure that Camden remains open to business.  Many international businesses have their headquarters in Camden in order to sell to UK and EU markets. Growth and investment for Camden's businesses helps the rest of the country, from both the taxes they pay and the jobs they create."

    She added: "We will continue to work with businesses to make the case to Government for the greatest possible access to the Single Market and push for the delivery of tariff-free trade with Europe. The Prime Minister said yesterday that she would aim for this, but failure to deliver this would hit Camden’s 29,000 businesses, which contribute up to two percent of the UK’s economy."

     

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