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16 | 17TH - 23RD JUNE 2016 | UTILITY WEEK Policy & Regulation "[An EU exit] is the biggest domestic risk to financial stability." Bank of England governor Mark Carney on the impact Brexit would have "The UK is going to be in the back of the queue." American president Barack Obama on where the UK would stand with trade talks with the USA aer Brexit "In the modern world, inde- pendent countries must work together. And that's what the EU is all about" SNP leader Nicola Sturgeon "The EU has made a power grab of international trea- ties and tried to fit them into a one-size-fits-all system across a vast conti- nent. Owen Patterson, former environment secretary "We will be able to restore control over our immigra- tion policy and our bor- ders." Justice Minister Dominic Raab Political Agenda Mathew Beech "The closing of the polls could be just the start of the problems" The time for the talking to stop is nearly upon us. David Camer- on's promise in the Conservative manifesto last year has come to reality – and his job may well hang on the outcome. With his party divided – and Decc proves a great illustration of that with the energy secretary and energy minister at logger- head – he will have a significant rebuilding job, whatever the outcome on 23 June. If the vote is to remain in Europe, the toxicity of the leader Jeremy Corbyn has been criticised for being too quiet in the debate. A leadership challenger could be waiting just around the corner as Corbyn remains unpopular within the parliamentary party. As for where this all leave policy decisions, the uncertainty may be removed. A 'remain' vote could see things revert to type quickly. However, an 'out' vote means the period of uncertainty could linger on for years. debate in Westminster could see some serious shake-ups. Cameron looks most likely to fall by the EU referendum wayside – leaving the new PM with the monumental task of reuniting the party. There are rumours of another reshuffle in the aermath, rais- ing the possibility of yet another energy minister. This seems all the more likely should a Remain vote triumph, leaving Out sup- porter Leadsom out of sync with the rest of the department. On the Labour benches, In context In 2015, an estimated 270,000 citizens from other EU countries immigrated to the UK, and 85,000 emigrated abroad. So EU 'net migration' was around 185,000. 3 million+ UK jobs are linked to our trade with the EU £1.1 trillion EU banks in the UK hold over £1.1 trillion in assets or 17% of total bank assets in the UK £19.9bn The EU is the UK's big- gest market for exports of financial services, generating a trade surplus of £19.9billion – over a third of the UK's trade surplus in financial services in 2013. 45% In 2014: 53% £8.5bn amount the UK govern- ment contributed to the EU in 2015 UK EXPORTS TO EU UK IMPORTS FROM EU £230 BILLION £289 BILLION