Hall: Siemens to stop investment if Britain leaves EU

The managing director of Siemens UK, which employs 13,000 people across the country, has warned that his company would stop investing in factories in the UK if it was not part of the EU. He added that leaving the EU would be “disastrous” for British manufacturers. This follows a poll last month which found that eight out of ten manufacturers want to remain in the EU.

Leader of the Liberal Democrat MEPs Fiona Hall commented:

“The message from business is loud and clear, it’s in Europe in work.

“Thousands of jobs are created each year by foreign investors who see Britain as a launch-pad into the world’s largest single market. Leaving the EU would mean losing that status and putting crucial jobs and investment at risk.” Continue reading

Hall: Government review shows EU membership vital for jobs in UK

Today the UK government published the first six reports of its balance of competences review, launched in July 2012, which aims to provide a comprehensive audit of the impact of EU membership on the UK.

Fiona Hall MEP, leader of the Liberal Democrats in the European Parliament, commented:

“This review should inject a welcome dose of realism into the current debate on Britain ‘s EU membership. Most importantly, it underlines that being an influential member of the EU single market is vital for jobs and growth in the UK . Continue reading

Lyon: Lib Dem MEPs back smaller and more growth-oriented EU budget

The European Parliament voted today on a resolution to approve the deal reached on the EU’s long-term budget last week, pending a final vote in September.

Liberal Democrat MEP and Vice-President of the European Parliament’s Budget Committee George Lyon commented:

“Liberal Democrats in the European Parliament have consistently argued for a smaller EU budget that can be spent more effectively and is more targeted towards creating jobs and growth. That is exactly what the deal reached last week will deliver. Continue reading

Lyon: EU needs to focus spending on research not bureaucracy

George Lyon MEPUK Liberal Democrat MEP and Vice-Chair of the European Parliament’s Budget Committee George Lyon today warned the EU Commission that ‘all spending is not created equal’ after it was confirmed that officials in Brussels plan to slash funding in research and development in 2014, while demanding a hike in administrative spending.

Speaking after the publication of the EU Commission Draft Budget for 2014, Mr Lyon welcomed the overall 5.8% cut to the budget but called on officials to think again on their plans to boost spending on bureaucracy and instead prioritise investment in areas that will support job creation.

Commenting, Mr Lyon said:

“Everyone knows that when it comes to EU spending, all things are not created equal. Liberal Democrats have been clear that the Commission must show restraint and needs to prioritise spending in areas that will help create jobs and boost economic growth. This is something that it seems that the Commission have ignored and there are still big questions over some elements of this draft budget. Continue reading