Wednesday, 19 October 2016

WITHDRAWAL FROM THE CUSTOMS UNION

The government has been looking at a paper prepared to set out the options and effects of leaving the EU customs union (HERE).  The predictions are dire with a 4.5% reduction in GDP by 2030, huge infrastructure problems at Dover (and presumably other ports).  The paper also said to stand still economically we would need to grow trade with our top ten trading partners by 37% by 2030.


David Davis, the Brexit secretary, and Fox were said to have accused officials of drawing up a deeply “pessimistic paper.  Even now they cannot accept facts and want dreams, particularly their own, to replace serious professional advice from experts. When will they learn?

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