The Cost Of Brexit

Since the resounding "win" for Boris Johnson in the election, it is now certain that the UK will leave the EU on 31 January 2020. I don't really think it was a win as much as a terrible performance by the Labour Party under Jeremy Corbyn who proves to be a spectacularly unpopular leader of the opposition with a terrible quasi-communist manifesto that lacked credibility. Anyhow since the election, I have had a number of Brexiteers coming up to me saying "you lost we won" in relation to Brexit. My simple reply has been I did not lose I fought a campaign to try to get a second referendum and failed but I am proud I fought for one. My other point is that no one has "won" in fact the UK and the EU are both losers and I think time will tell me I was right on that.

he only thing that pleases me is those responsible for Brexit are now clearly in charge of the process Boris, Gove, Raab, Leadsome, etc and as such will be accountable when the sunset uplands are not delivered. The impact on the UK economy will become much clearer when they do not get their great trade deals with the EU and the US and China. I the meantime there Bloomberg has issued a report suggesting that Brexit has already cost the UK £130 billion of output and there is another £70 billion projected loss by the end of 2020. What a cost and that's before we leave the great access we already have to the Single Market and the Customs Union!

I am not going to let Boris and his foolish Brexiteers get me down. I remain optimistic that the youngsters will overturn this decision in the not too distant future. I also remain confident that the history books will look back very unfavorably on the Brexiteers and their foolish mission.