Britain’s departure from the EU under Boris Johnson will dim prospects for the UK next year, with or without a free trade deal. At best the prime minister will secure a deal at the last minute that eliminates tariffs on trade, but there will be disruption, price hikes, protests and perhaps a clash on the seas.

Whatever the losses, the prime minister thinks they will evaporate in the sun-filled freedom to depart from the EU’s regulatory rule book. For all the talk of greater state intervention, Johnson has not changed his spots. His is a right-wing government with a strong ideological commitment to take the country back to where Margaret Thatcher left it...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now