Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-184-000"

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"Mr President, I commend my colleague, Sajjad Karim, on a sensible report that takes us back in the right direction. The emphasis on subsidiarity is correct. 90% of the British economy has nothing to do with trade with the EU, and 80% of that economy is trade within the UK, but we have to apply all of these EU laws – 100 000 of them. On better legislation, the Agency Workers Directive, which will shortly be coming into force, is a disaster for Britain because, in the UK, we have a far more flexible workforce, which is vital to our prosperity and to our recovery. The question is why, when 80% of agency workers are in the UK, the EU should have any role in this legislation at all. The same is true of the dreadful Fund Managers Directive, where again 80% of fund managers are only in the UK. The lesson is this: overregulation destroys jobs, and we need less regulation now."@en1
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