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  The official UKIP response:-
  
  The report published by the CBI today is out of touch with reality, says UKIP.
  
  In a recent YouGov survey commissioned by Business for Britain, nearly half of CBI members polled said they felt the cost of red tape outweighed the benefits of EU membership.
  
  UKIP Leader Nigel Farage said: "There is this deeply flawed view that leaving the EU would somehow mean a sudden end to trading with Europe. The CBI does not consider the more realistic option that if we left the single market and freed ourselves from its red tape and politicised agenda we would still be able to continue to trade strongly with Europe on our own terms. Leaving the EU would not mean turning our back on Europe.
  
  "Instead the CBI are proponents of this skewed view that Britain can renegotiate terms with the EU to create a more streamlined relationship. That would have to involve treaty change but the European Commission President Jose Manuel Barroso has ruled that out. Without Treaty change there can be no significant renegotiation at all. We would simply be cutting a few loose threads from a coat that no longer fits.
  
  "We are far better getting out of the EU and building a fresh relationship with our European neighbours. That is what the Government and organizations like the CBI should be looking at rather than clinging to the vain hope that the EU project can be miraculously cured of its ills."

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