Myth: The UK “must apply 100% of EU regulations to 100% of its economy”.
InFact: Firms only have to obey those rules that apply to them. So a newsagent or a fish and chip shop wouldn’t have to worry about EU rules on olive growing – unless, of course, they wanted to branch out. What’s more, very small businesses have extensive exemptions from EU rules anyway, for example accounting rules.
This article is an adaptation of a piece that previously appeared on InFacts.
Edited by Hugo Dixon
A frequent comment is that all our laws are now made in the EU.
What is the answer to that myth?