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The unsurprising collapse of Britishvolt, and the total lack of strategy or investment in batteries, will be the final nail in the coffin for the car industry.
The UK economy looks sickly against international comparisons, so let’s be honest about the three causes.
New Labour’s architect says only rebuilding bridges with the EU will solve what Sunak calls Britain’s ‘profound economic challenge’.
The UK debate about Brexit’s impact on the economy has ranged from non-existent to unserious. Labour is avoiding the subject, to try to regain lost voters in pro-Brexit constituencies, and the government immediately changes the subject to vaccines or free trade deals.
As with another self-inflicted economic injury in the 1920s, Britain is struggling under a burden that could be reversed.
On trade, finance, migration, food standards and more, the UK suffers fresh ignominy on a daily basis.
Half a decade after the referendum, the economic hit to the UK caused by Brexit is becoming clearer. But it will be years before the true impact is understood
The City of London’s chief coping mechanism for dealing with Brexit’s threat to the financial services business is to dismiss the loss of jobs and investment as a trickle rather than a flood.
The battle for foreign investment is not a game conducted on public school playing fields. It is ruthlessly fought by governments armed with every trick in the book.