Saturday, 5 April 2014

Thomas Cook chief’s EU warning

THE prospects of Britain leaving the European Union and Scotland breaking away from the UK are “unsettling,” Thomas Cook’s chief executive Harriet Green has warned. She suggests that a British exit from the EU could see the cost of holidays soar for British consumers.

Speaking to the Huffington Post UK, Green said: ‘There are two political uncertainties that are most unsettling for business. The first is the Scottish referendum and the second is the European referendum. Both create massive uncertainty.’

She added: ‘For me, what we should be focused on is creating jobs. If you take the European market, the biggest trading market that we are part of, and we are contemplating exiting that market? How could that be good for jobs? Many companies look at Britain and are questioning whether they will make some of the very sizeable investments that they need to and want to until they know whether Britain is staying in the EU or not.

‘We have an enormous trading market in Europe. If we're no longer a part of that market, there will be implications. What does that mean around passport control? What does that mean around currency, around cost and the very fluid movement of travel?’

Go Holiday editor David Kernek comments: This is the usual vague and unsubstantiated nonsense churned out by some business leaders and politicians when they seek to argue in favour of Britain remaining a part of the failed and ruinously expensive EU project.
We heard the same thing when Britain declined to join the single currency zone. It would cost jobs. Foreign investment would stop. Those things didn’t happen. And a British exit from the EU would have no impact on passport controls, either in Britain or across the water, for the very simple reason that the UK remains outside the EU’s Schengen “passport free” zone.

Do tourists cross Norway and Switzerland off their list of ‘must go to’ countries because they’ve had the good sense not to join the EU? I don’t think so!

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