Labour should unite around membership of the Single Market
By Pat Tanner
It is clear, and becoming increasingly publicly evident, that in the coming period the living standards of the British population and British workers cannot be maintained without membership of the European Single Market. The inflation that will be created by the plunging pound will significantly cut living standards, while refusal of companies to invest without free access to a European market which is many times bigger than any UK one will lead to heavy job losses. The significantly lower economic growth that will result will put further pressure on social spending.