He continues: “That story was demolished by the Brexit referendum. This is not a political point. It is an observable statement of fact.”
Prior to Brexit, the revenues of UK stocks were consistent with stocks in other trade centres. Today, the UK is lagging behind its US share, with an average of 40% stake in trade, lagging behind the rest of the world.
Furthermore, the latest research from the London School of Economics reveals that Boris Johnson's deeply flawed “Trade and Cooperation Agreement” reduced trade with the EU by £27 billion in 2022.
Recently, Peter Brown lamented the effects of Brexit and Labor's weakness in bringing the UK far closer to the EU, and had a letter published in your paper. Mr. Brown is spot-on.
Starmer selects the badge with Brexit as “Completed Transactions”. I would say that taking that line is either awful stupidity or a political coronavirus.
If the labour government is looking for policies that stimulate growth, there will be a quick and easy victory so that the UK will join the European free trade area and then coincide with the EU single market. You can then regain the lost trade.
John Cole, Oakroid Terrace, Baildon
