Britain’s economy has been damaged by Brexit. But what should ministers do about it?

The idea of a customs union has gained traction, but agreeing a deal would be far from straightforward Almost a decade on from the Brexit vote, the verdict is clear. Britain’s immediate doomsday economic scenario might never have turned up. But after years of political paralysis – and with the eventual introduction of tougher trade barriers in 2020 – trade, investment and growth in living standards have all suffered.Just as it was on the morning after the 2016 referendum, the big fight is about what the government should do in response. Continue reading...