If the UK were to leave the EU without any free trade agreement or deal and meat and fishery exports were subject to tariffs and quotas there would be a significant impact on the wider economy and jobs would be lost. There would also be an impact on government finances with an annual loss of revenue of up to 16%, damaging the Government’s ability to deliver essential public services and to invest in critical infrastructure. This would prohibit our future growth and prosperity as a self-sufficient Island nation.