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<p>Her Majesty’s Treasury published a comprehensive analysis of benefits and costs
of membership of a reformed EU and the alternatives on 18 April. This included boxes
detailing the impact of EU membership on key business sectors such as financial services,
aerospace and pharmaceuticals.</p><p> </p><p>According to this analysis, key sectors
would be worse off due to reduced access to the Single Market. For example, losing
customs-free movement of goods could cause customs delays. In time-sensitive industries,
each hour of customs delay can reduce trade by 5%. Treasury analysis also provides
a sectoral breakdown of the 3.3 million jobs which are linked to trade with the EU.</p><p>
</p><p>The Prime Minister has spoken about the benefits of EU membership at a number
of businesses throughout the UK. The transcripts of these are available on the gov.uk
website.</p><p> </p><p> </p>
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