The Economist lead article concludes that the most sensible course would be to heed markets’ concerns about Brexit. It argues that the overwhelming weight of evidence shows that leaving the customs union and single market would exact a heavy toll on Britain’s economy. However, it concludes that remaining within them would require political courage, given the clear economic benefits. The bottom line is that it’s not too late to change course.
Flag waving will not be enough to redress the damage from Brexit.
Personally, I’m already worried about Theresa May‘s judgement as PM. With a number of Conservative MPs ready to side with Labour colleagues, May, worried by her slim majority in parliament, signalled a U-turn and agreed to parliament debating Brexit – she’s still not conceded on giving parliament greater voting control over Brexit. But the pressure is on with Jeremy Corbyn beginning to unite the Labour Party on Brexit and rattle the government – also the legal suit over Article 50 is damaging May’s reputation.
Surely if Theresa May were a strong leader she would trigger an election and give the UK public a second chance on Brexit?