Wednesday 26 June 2024

Eight wasted years

Last weekend marked the 8th anniversary of the Brexit Referendum vote, and so began the period of instability.

I remarked last time how business hate uncertainty and instability.

With the ever-changing goalposts and definitions of what Brexit would mean and the denial at the highest level as to what the hardest of Brexit would mean at ports, borders and the effects it would have on the economy.

And with it being the only election issue at the last election, you would expect the Government to at least mention how they have successfully delivered it. They have started, bu theeconomy is in freefall, no longer blamed on the EU, but still migrants and the excuse of COVID and the war in Ukraine.

But of course all countries suffered with COVID and the War, only the UK imposed economic sanctions on itself with Brexit. The pain for the EU27 of Brexit is divided twenty seven ways, and the ports and border were ready by the end of 2019, our are still not either ready, or it would be economically ruinous for them to operate as intended.

Labour does't mention Brexit, lest reopen the old Brexit believer and remainers, so neither party say much about it, other than make it work.

The Tories are saying things like, Starmer would reverse Brexit or rejoin the EU by the back door, whatever that means, but the truth si the EU would not have us, not straight away, anyway.

So the country and economy will limp on, exports hit, hundreds of thousands of empty jobs, and food inflation increasing at over 6% and will go higher if the latest import controls are imposed.

As a country we have to be honest about where we are, how we got here and where we want to go, and the choices that will have to be made. That its not an election issue in 2024 is astonishing and sad at the same time.

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