BRITAIN’S post-Brexit trade policy risks leaving the country without a plan for the major economic change that leaving the European Union is already starting to bring about, a report warned today.
Research by the Resolution Foundation and London School of Economics centre for economic performance found that the policy had been too focused on rushing through agreements at the expense of an underpinning economic strategy
The report suggests that EU withdrawal, combined with the impact of the pandemic, is set to cause “seismic shifts” in Britain’s economy over the coming decade, but they are being ignored in a debate too focused on the nuts and bolts of individual trade deals.
Exempting military expenditure from austerity while slashing welfare represents a fundamental misallocation of resources that guarantees continued decline, argues MICHAEL BURKE



