This site contains government information on the EU referendum. No material was published on this website between 27 May and 23 June 2016, in line with the restrictions set out in the Political Parties, Elections and Referendums Act 2000.
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£8.7bn worth of exports to EU countries
200,000 jobs linked to exports to the EU
9,000 jobs created or protected by European investment projects
120 European investment projects
In 2015, the East Midlands exported £8.7 billion worth of goods to the EU, which was 45 per cent of the region’s total goods exports. Around 200,000 jobs in the East Midlands are linked to exports to the EU.
Over the last 5 years, almost 120 foreign investment projects from Europe have created or protected over 9,000 jobs. The East Midlands has benefitted from £2.2 billion of inward foreign direct investment from EU members over the last 5 years. For 2014-2020, the East Midlands will receive almost £470 million in European Regional Development funds and European Social Funds.
According to modelling carried out by the Treasury, a vote to leave could cause unemployment in the East Midlands to rise by around 37,000 while youth unemployment could rise by 5,000. The impact of the shock from leaving the EU could mean house prices are £23,000 lower by 2018 in the East Midlands than if the UK remained in the EU.
The impact of the shock from leaving the EU could be equivalent to a £3.5 billion reduction to the size of the East Midlands economy by 2018.
The University of Nottingham has secured a share of a £9 million of European funding to work on energy storage in homes and communities.
Cheaper flights and visa free travel make it easier for EU citizens to travel to other EU countries. Over 186,000 people are employed in tourism in the East Midlands. Over 660,000 international tourist visits to the East Midlands came from the EU and they contributed almost £180 million to the local economy in 2014.
Agriculture employs 33,000 people in the East Midlands. Between 2007 and 2013, the region benefited from £2.1 billion in Common Agricultural Policy payments. Unique regional products such as Stilton Cheese, are granted a special status under EU rules, which means that they must come from the East Midlands and nowhere else in the EU.
Over 2,400 NHS hospital and community health staff in the East Midlands are from other EU countries. This includes over 550 doctors and over 900 nurses and midwives. If the UK left the EU, it could become harder for skilled workers such as doctors and nurses to practice in the UK.
Since 2009, thanks to the European Arrest Warrant (EAW), law enforcement agencies in the East Midlands have brought back 44 people to face justice and extradited over 620 people accused or convicted of crime to other EU countries.