L. Alan Winters CB is Professor of Economics and Director of the Observatory.
The (three page) Chequers Statement is a remarkable political sticking plaster. Coupled with some robust politics it appeared to have kept the Cabinet unified for a few more days, although now even that goal has been missed.
This note is not about the politics, but about the technical aspects of the Statement which is replete with ambiguities and wishful thinking (or worse). The White Paper, if it arrives on time, may resolve some of these ambiguities, but that is far from clear, given the political imperatives that Mrs May feels must guide her actions. (more…)
Charlotte Humma July 9th, 2018
Posted In: UK- EU
Tags: Brexit dividend, Chequers Statement, Common Rulebook, Customs, Facilitated Customs Arrangement, Free Trade Agreement, FTA