The last member of Theresa May’s cabinet who could give a passable imitation of having some grip on the reality of Brexit has caved in. Chancellor Philip Hammond, has surrendered to Brexit fanatic and disgraced former defence minister, Liam Fox.
After arguing for a meaningful transition phase after the UK leaves the EU in March 2019 to spare us from the worst effects of Brexit, Hammond has now agreed that instead, we will jump off a cliff, leaving the Single Market and the customs union.
This is precisely what UK businesses feared and had been arguing against, but the modern day Tory party has little interest in jobs, the economy or prosperity. Many will see Hammond’s decision as the ‘certainty’ they have been asking for. Unfortunately for you and me, that ‘certainty’ will be that the UK is no longer a viable country in which to invest.
Fox and Hammond’s joint letter repeats the lie that in the referendum, voters voted to leave the Single Market. They did nothing of the kind, of course, and indeed a whole series of Leave campaigners promised we would stay in the Single Market. It is important that this lie is contradicted every time it is uttered.
This odd couple say we need the transitional arrangement so that goods can still cross borders, and businesses can still trade and recruit the staff they need. The corollary of that, of course, is that once the arrangement ends, these things will no longer be possible. What Liam Fox does not explain is why, if Brexit is as marvellous as he says, is it so important to delay its effects?