The UK Needs a New Deal, Without Saying Brexit
Trump 2.0 is a chance to find a trade rapprochement with the European Union.
Outside the Royal Exchange in the City of London.
Photographer: Richard Baker/In Pictures/Getty
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Britain’s becalmed economy is bringing down yet another hapless government. Just witness the travails of Rachel Reeves, the nation’s first ever female chancellor of the Exchequer, who in recent weeks told the world that she would break a promise by raising taxes, and then reversed it in the face of government estimates that the economy was even weaker than thought.
It’s painfully depressing. What’s most annoying is that the obvious response seems out of the question: Britain needs a big and ambitious free trade deal with the European Union.