Brexit as a bad career move

Flip Chart Fairy Tales

Among those shouting loudest about EU bullying and punishment are people who also claim to be advocates of the free market. This strikes me as slightly odd because Brexit is, effectively, the UK market-testing its power and prestige in the world. Those who took us down this road assured us that the UK was such a powerful player that leaving the world’s largest trade bloc would actually make us better off. We would get the exact same benefits, other countries would be desperate for trade deals with us and the EU, terrified by the loss of one of its biggest members, would fall over itself to conclude the easiest trade deal in history.

Two years later, things are looking a little different. As a series of reports out this week show, all the Brexit options are likely to leave the UK worse off than if it had stayed in the…

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