Finally! Chancellor concedes Brexit has caused damaging trade barriers with EU
“I think having unfettered trade with our neighbours and countries all over the world is very beneficial to growth."
“I think having unfettered trade with our neighbours and countries all over the world is very beneficial to growth."
The former business minister seems to have forgot that he was once in favour of a second referendum on the EU question - as this clip proves.
"Brexit will result in the UK’s trade intensity being 15 per cent lower in the long run than if the UK had remained in the EU."
There is speculation that the project could be doomed as people wake up to the realities of life outside Europe.
"Public opinion has already moved", the former deputy prime minister said.
Simon Spurrell said the government is "so anti-Europe they won’t even discuss getting a better deal sorted out".
In 2016, the year of the Brexit referendum, British stocks were collectively worth 1.5 trillion US dollars more than those listed in Paris.
"Had we been a member of the European Union in February we would not have been able to set a framework to allow Ukraine to be so successful."
"The need for tax rises and spending cuts wouldn't be there if Brexit hadn't reduced the economy's potential output so much."
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