In an article in today’s Guadian I find
“So why would they [Fox and co]want a no-deal? A group of hard-right Brexit economists has proposed the unilateral abolition of UK tariffs, which they openly admit would see the loss of our manufacturing base. They think this would be a good thing, and propel us into a new, service-based economy. That is why Fox and Dominic Raab and Boris Johnson and Michael Gove are not concerned about crashing out on to WTO rules – they believe it would enable them to turn Britain into a deregulated free-market economy like Singapore.”
Read the full article:
As I recall West Germany built its current enviable finance position by re-building its manufacturing after WW2
As I further recall the UK built its world standing position in the 19th century partly because of it Empire but the Empire provided it a preferential position to export its manufacturing.
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