Sunday, December 11, 2022

The Signs Are Clear. Our Destiny Lies with Europe, Not a ‘Sovereign Global Britain’ Fantasy

THE OBSERVER – OPINION: There is a path out of this prosperity-killing shambles and Labour can lead the way

It’s now official. Brexit has caused lasting damage to the UK economy and, with the Tories in denial, Labour needs to lead the way with a new policy agenda.

Yet it’s almost a taboo topic: the Tory government won’t admit it and Labour is understandably reluctant to rekindle old Brexit flames.

The governor of the Bank of England, the Office for Budget Responsibility (OBR) and the Organisation for Economic Co-operation and Development (OECD) all agree that, notwithstanding Covid or the Ukrainian war, Brexit is the main reason why the UK is the only economy in the G7 still below its pre-pandemic size. » | Peter Hain | Sunday, December 11, 2022