The next crucial vote on Theresa May’s Brexit deal takes place on Tuesday. Much of the focus has been on taking no deal off the table. That’s important, because it would be a disaster.
However, we shouldn’t forget that the actual deal would damage us too, leaving us poorer and less safe.
Back in November, the Bank of England said that all forms of Brexit would leave us worse off than staying in the EU.
Vince said at the time:
The Bank of England has concluded that Brexit – with or without a deal – will leave the UK poorer, less productive and with an economy 4% smaller than if we had stayed in the EU.
Although the headlines are drawn to the dramatic economic collapse forecasted in the event of no deal, this report shows that the deal will cause harm to our economy and the living standards of people around the country.
The Conservative Government must stop using fears of no-deal to pretend that its deal will be good for the economy; today’s assessments put that myth to bed. It is time for a final say on the deal, with the option to remain.
This came around the same time as Philip Hammond admitted that there wasn’t an outcome of Brexit that would leave the country better off.
Tom Brake said:
It was shocking to hear the Chancellor candidly admit that Brexit will make the country poorer.
The Government’s own analysis shows real wages falling, every region in the UK worse off and no Brexit dividend.
The assessment of Theresa May’s deal assumes a rapid transition to a frictionless trade deal with the EU and other free trade arrangements with third-party countries, but the prospect of these negotiations happening quickly is wildly optimistic.
In reality the Conservatives’ deal could leave the UK much worse off than even these dour assessments forecast.
The case is stronger than ever for giving the public the final say on the Brexit deal, with the option to remain in the EU.
And Ed Davey found the Withdrawal Agreement withdrew the UK from useful information networks:






