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How will the United Kingdom’s vote to leave the European Union impact the ongoing sovereignty dispute with Argentina over the Falkland Islands (Malvinas)?
The government has no plan to save a vanishing sector.
While the picture’s hardly pretty and certainly not what advocates of Brexit envisioned, none of it surprises economists. As a former Bank of England official observed: “You run a trade war against yourself, bad things happen.”
This real-life experience of a small West Yorkshire company, before and after the creation of the single market, provides an insight into our imminent future in the event that we leave the EU without a worthwhile trading deal.