for Britain. Treasury chief Jeremy Hunt last week expressed optimism that trade barriers between the U.K. and the EU would be removed in the coming years.
When the U.K. was negotiating its divorce from the EU, Conservative governments under Prime Ministers Theresa May and her successor Boris Johnson ruled out remaining inside the EU’s borderless single market or its tariff-free customs union. Politicians who wanted closer ties were ignored or pushed aside.
Yet only recently have members of the government begun acknowledging Brexit’s downsides. Hunt, who last week announced a ($65 billion package of tax increases and spending cuts to shore up an economy battered by soaring inflation, acknowledged Brexit had caused “trade barriers” with the U.K.’s nearest neighbors.
Sunak, who took office last month, is a long-time Brexit supporter, but also a pragmatist who has made repairing the economy his top priority. Russia’s invasion of Ukraine, which has rocked European security and sent energy prices soaring, has put Brexit squabbles into perspective for politicians on both sides of the English Channel.a political crisis in Northern Ireland
They need to either go back into the EU or get serious about placing themselves independently in the international market. Currently they're just in limbo which is not productive.
They should rejoin!
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