ions after moving from EU, the country's auto industry will face a shortage of technology. British car manufacturers rely on hiring workers from other European countries in order to make up domestic technology gap, especially the shortage of engineers. And in the commercial trade, the single market access is obviously important.
Therefore, it is obvious that the risks of Britain increased due to the policy of moving from EU.
3.3 Holistic review of the case
(1) Individuals
For common people, their lives will be affected. For example, the employment situation will be changed and reset due to the chaos in the market. And for the companies, according to the survey of the British association of financial innovation, there are many FinTech companies that have expressed the hope that London can stay in the European Union. London has been trying to be a 'global FinTech center'. There has beenworld's first Zopa; and the first raised platform Crowd cube; and the most potential company TransferWise (the P2P international remittance service company). And the overall revenue of London FinTech industry is 6.6 billion pounds, and ranks first all over the world (Thomas and Reuters, 2016).
Companies in Britain expressed their concerns about moving from EU. First of all, Britain will lose the status of business center which they win it hardly, at the same time, moving from EU also has negative influence on financial innovation and the environment motivation. What is more, European customers will reconsider the cooperation with Britain companies, the loss of technical talents and funds will happen soon.
(2) States
In fact, many other countries in EU do not want Britain to leave EU. The European Union countries have comment in succession. Germany's foreign minister wants Britain to stay in the European Union in a positive way and EU needs to continue to strengthen integration, not divided. The French government also said that they hope Britain to stay in EU, but he also pointed out that Britain needs to fulfill its obligations to its members if it wants to stay and the principle of unity is a must.
If the Britain moved from EU, there would be many problems. For example, the Britain government may cut the costs and increase the income tax and fuel tax so as to be balance in finance. In addition, the rating institution may lower the ranks of Britain, which used to be 3A. And the interest rate of loans will also increase. Therefore, the British cabinet prepares for the “30 billion emergency fund” plan, which is used to response to the 'black hole' effect which will be triggered by moving from EU.
So, it is clear that other countries in EU hope that the Britain could stay in EU in positive way and support the agreement of EU. However, the Britain itself would like to move from EU more. The conflict has huge damage to the concept of “increasing tightened alliance”, and this would also do harm to the relationship among countries in EU and Britain.
As for trade, country members in EU have unified market, and there are no trade barriers among them. Before this event, Britain could enjoy the free flow of goods in other EU member states. Although this convenience would not disappear immediately, the British still need to negotiate with the other countries in EU on trade about the relevant provisions. Negotiating theme of the trade between Britain and the EU member states
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