• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
  • Guest Content
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
No Result
View All Result
The London Economic
No Result
View All Result
Home Politics

David Frost says Remainers are ‘about to be humiliated’ over trade deal that will boost UK economy by 0.08%

The former Brexit negotiator said the naysayers have been "comprehensively disproven" after the UK's accession to the CPTPP was confirmed.

Jack Peat by Jack Peat
2023-03-31 14:06
in Politics
Brexit minister David Frost

Former Brexit minister David Frost. Photo: PA

FacebookTwitterLinkedinEmailWhatsapp

David Frost has warned Remainers that they are “about to be humiliated” as the UK prepares to join the CPTPP.

The UK’s accession to the free trade agreement which covers both sides of the Pacific Ocean was formally confirmed in a telephone call between Trade Secretary Kemi Badenoch and counterparts from the group.

It represents Britain’s biggest trade deal since leaving the EU, cutting tariffs for UK exporters to a group of nations which – with Britain’s accession – will have a total gross domestic product (GDP) of £11 trillion, accounting for 15 per cent of global GDP, according to UK officials.

But according to Office for Budget Responsibility (OBR) forecasts, the deal will only add 0.08 per cent to the size of the UK economy in 10 years.

Cutting ties with the European Union, meanwhile, is expected to reduce the UK’s potential economic growth by about 4 per cent over a similar period.

Writing in The Telegraph, David Frost tried to remain upbeat about what the trade deal could deliver.

He said: “Many mocked Boris Johnson’s “Global Britain” slogan and told us that Britain could not hope to establish a global role on its own.

“I think we can be confident that this judgment is now comprehensively disproven.”

Perhaps it’s time we all eat some humble pie, in that case. Or something a little less glamorous, preferably made with turnips.

RelatedPosts

Sunak flies from London to Dover in a desperate bid to convince voters his small boats strategy is working

Starmer faces huge backlash after blocking left-wing mayor from running in the North East

‘We are very disappointed’: PR campaigners pen open letter to Alliance for Radical Democratic Change

BREAKING: Matt Hancock breached Commons code of conduct

Related: Badenoch downplays claims UK-Asia trade pact will only boost economy by 0.08%

Content Protection by DMCA.com
Tags: David Frost

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending

Elevenses: The Thing About Wrexham’s Cinderella Story

Elevenses: Exposing the Tories’ Deepfake Illegal Immigration Bill

Elevenses: Rishi’s Finest Hour

More from TLE

Three coppers face disciplinary hearing after man dies in custody after suffering a fit and no medics were called

‘Kill the Bill’ protest: Police mocked for defending Winston Churchill statue

UK records steep fall in trade – with Brexit having a bigger impact than Covid

MP ‘stabbed several times’ in church while holding surgery

Decimation of bee colonies by parasitic mite ‘could be halted by MUSHROOM extract’

While you weren’t looking, the Tories took over the Electoral Commission

Avocados could combat heart disease, cancer & diabetes…but most people leave the healthiest part

Boris forced to leave by the back door after being jeered during his first prime ministerial trip to Scotland

‘This is freefall’: Labour opens up 15 point lead in the polls

Lucky Numbers and Horoscopes for today, 20 October 2021

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.