Sam Gyimah Quotes

From our perspective, just narrowly from the financial sector and from our institution, there's nothing good about Brexit.

If we leave the European Union it's a risk to our economy - it's a risk to pensioners, it's a risk to homeowners, it's a risk to people in work.

Whatever long-term advantages are claimed for Brexit it is overwhelmingly clear that in the short to medium term it carries risks to our economy and security.

A no deal Brexit is a proposal so damaging to our future that it cannot be accepted.

The Bank of England's Carney is worried the shock of Britain's vote to leave the E.U. could cause households and businesses to temporarily halt spending, which could stop the economy and even spur a recession.

I don't think the U.K. should leave the E.U. I think it would be a disaster for our economy, and it would lead to a decade of economic and political uncertainty at a time when the tectonic plates of global success are moving.

I don't think anybody has any idea what the economic impact of Brexit will be.

Because of that [Brexit], you're going to have slow growth and, unfortunately, while there may not be huge volatility, there will be volatility.

The uncontrolled increase of the euro rate vis-a-vis the dollar threatens employment growth in the euro area.

Devaluations are never easy.

There's a lot of companies that profit from a weak dollar.

For us in England, the relative value of the pound against the dollar, that has a huge impact on how easy it is to get our films made in the U.K.

Most important downside risks to the economy are political

It does not mean of course that the pound here in Britain in your pocket has been devalued .

We are going to suffer, I am afraid, terribly in this war, whether we are in it or whether we stand aside. Foreign trade is going to stop, not because the trade routes are closed, but because there is no trade at the other end. Continental nations engaged in war all their populations, all their energies, all their wealth, engaged in a desperate struggle they cannot carry on the trade with us that they are carrying on in times of peace, whether we are parties to the war or whether we are not.

Already, even before we have left the EU, Brexit is damaging our country, our economy, our society and our standing in the world - damage that will be worsened by the kind of ruinous no deal being pledged by some who aspire to become prime minister.

I don't think there will be a recession as a result of a vote to leave.

As an entrepreneur, I have been known for taking risks throughout my career, but leaving the European Union is not one of the risks I would want the U.K. to take - not as an investor, not as a father, and not as a grandfather. I am deeply concerned about the impact of leaving.

If we leave the European Union, there will be an immediate economic shock that will hit financial markets. People will not know what the future looks like.

A no deal Brexit would be a complete failure by the government to negotiate for Britain.

A cheaper British currency could be a crisis if its swift move provoked a broader financial crisis, which it has not, or if it triggered massive inflation. For now, cheaper sterling will hurt some British households and enterprises while being a boon for others.

Leaving the E.U. without a preferential trade arrangement in place would make the U.K. significantly poorer.

Brexit was meant to be about taking back control, we are ceding control; it was meant to be about trade deals, we are not going to have any meaningful trade deals; it was meant to be about having a turbo-charged tiger economy on the edge of Europe, we are going to be bound by the common rule book that we won't have a hand in shaping.

Brexit will lead to a flight of talent, money and taxes - and the country will have to take on more and more debt.

A Brexit with a poor outcome will damage our country and lead to years of further division.