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UK Prime Minister Theresa May has given a major speech calling for a clean break from the EU:
Theresa May has said the UK "cannot possibly" remain within the European single market, as staying in it would mean "not leaving the EU at all". But the prime minister promised to push for the "greatest possible" access to the single market following Brexit. In a long-awaited speech, she also announced Parliament would get a vote on the final deal agreed between the UK and the European Union. And Mrs May promised an end to "vast contributions" to the European Union.
Previously: Brexit: The Focus is on the EU Single Market
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PM Theresa May: UK Must Leave the EU Single Market
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If all the world's economists were laid end to end, we wouldn't reach a
conclusion.
-- William Baumol
(Score: 5, Insightful) by isostatic on Tuesday January 17 2017, @02:32PM
There are all sorts of benefits. Some for the start: The US will be able to get a much more beneficial trade deal with the UK rather than with the EU as a whole -- exporting food that would be deemed unsafe in the EU for example. People like Murdoch will have more power to pass his laws, when he talks to Brussels they laugh, when he talks to Downing Street they listen (ala Blair), or they get booted out (ala Major). Frankfurt has a great opportunity to take some of the financial industry out of London.
(Score: 2) by mojo chan on Wednesday January 18 2017, @11:53AM
Don't forget the bonfire of worker's rights. Businesses have already been drawing up their wishlist of rights to dispose of, the top one being holiday entitlement for overtime.
We also get to devalue our currency quite significantly, making us more competitive on wages with India and China. Countries are lining up to do trade deals with us too, because they know we are up a certain creek without a paddle and will be willing to accept whatever outrageous terms they dictate. We have taken back control and are now free to give it away to other countries, rather than being limited to just EU rules which we mostly wrote.
Oh, and one day we might be able to get rid of all the dirty immigrants, that's the most important bit. Who needs doctors and farm staff and a diverse culture when we can Make Britain Racially Pure Again.
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