Wednesday, April 19, 2023

UK Will Sign Deal Paying in to EU Budget within 15 Years, Says Ryanair Boss

THE GUARDIAN: Michael O’Leary says Brexit is ‘unbelievably messy’ and a ‘net negative’ on the British economy

Ryanair boss Michael O’Leary launched a fresh attack on Brexit. Photograph: Thierry Monasse/Getty Images

The boss of Ryanair, Michael O’Leary, has launched a fresh attack on Brexit, describing it as “unbelievably messy” and predicting the UK would end up signing a Norway-style deal with the EU in the next 10 to 15 years under which it would pay into the bloc’s budget.

The outspoken chief executive of the Irish budget airline said over the next three to five years, the UK’s departure from the EU would be “net negative on the UK economy, no question about it”.

O’Leary said the UK’s longer term relationship with its closest trading partner depended “on what the British establishment or future UK governments do”. However, he said he believed that the UK would “in the next 10 to 15 years” strike a “trade deal with Europe, similar to Norway or Switzerland”. » | oanna Partridge | Wednesday, April 19, 2023

Brexit was a stupid idea put forward by duffers. — © Mark Alexander