Brexit guru warns getting closer to EU will kill growth

Brexit advocate Shanker Singham argues that Britain's economic struggles are not due to leaving the European Union but rather to decades of poor policy decisions. He believes that diverging further from EU regulations and implementing "pro-competitive regulations" could boost UK GDP per capita by nearly 8%. Conversely, aligning more closely with the EU could lead to a GDP per capita fall of almost 4%. Singham criticizes politicians for blaming Brexit for the country's economic woes, pointing to issues like costly energy policies, rising welfare bills, and a lack of progress on planning reform as more significant contributors to economic stagnation. He acknowledges some trade friction with the EU post-Brexit but insists this can be overcome by leveraging regulatory freedom to create a more dyn... download the app to read more