This week, Prime Minister Theresa Maywas asked on LBC whether if the EU referendum was ran again, would she vote to Remain or Leave, given that she originally voted to remain but is now leading a Government intent on leaving the European Union.
It's on the front page of almost all the newspapers – this is the clip from Theresa May's LBC interview that is making the headlines. pic.twitter.com/DvJbe9yS8F
Earlier today, a Brexit supporter who supports the UK rejoining EFTA (as we also do) proposed that the UK should try to gain access to EFTA’s trade deal portfolio (by rejoining EFTA and applying to take part in those deals) once the UK leaves the EU.
His proposal was rejected by anonymous American Tweeter Steve Analyst who was critical of EFTA’s trade deals. In this blog post we will examine these issues in some detail.
Journalist Simon Nixon, Chief European Commentator at the Wall Street Journal and columnist at The Times recently wrote an article entitled ‘Norway option’ is not a long-term answer to the problems posed by Brexit in which he tried to rule out the EFTA/EEA model as an option for the UK after Brexit. Continue reading Response to Simon Nixon→
It is our opinion that the UK should not seek to maintain membership of the EU or its Customs Union (or an approximation of it).
In order to pursue a ‘Global Britain’ strategy, the UK must be free to strike trade deals across the world, free from the Common external tariff (CET) and common commercial policy.
This approach comes with both risks and opportunities.
Potentially, the UK might leave the EU on Friday, 29 March 2019 with no free trade agreements with the EU member states or with any country anywhere in the world and be forced to trade with the rest of the world on WTO (world trade Organisation) terms. Our view is that this would be catastrophic for the UK economy and jobs.
On the other hand, the UK could become a global nexus of free trade, unparalleled anywhere in the world. This would usher in a new era for the UK on the world stage.