In this PEF report, Jeremy Smith, examines the economic arguments around EU membership, the economic impact of the referendum vote and potential outcomes of different forms of Brexit.
The report finds that uncertainty caused by the referendum has already had a significant negative economic impact and that the government’s Brexit plans are likely to lead rapidly down the path of deregulation.
Jeremy ultimately concludes that staunch advocates of deregulation are actively promoting a race to the bottom in the name of competition and unfettered trade, opening up British markets and public services to predominantly US multinationals operating with lower standards. Read the executive summary here.