John Looby: Britain’s long road to economic purgatory

Life is seldom easy in Number 11 – ask Kwasi Kwarteng – but few have had it as hard as Rachel Reeves. While her ham-fisted U-turns haven’t helped, she inherited a mess not of her making. The historic mistakes of others have fatally hobbled her time in Downing Street. Fundamentally, the UK decision to leave the EU has been a huge economic mistake. Almost a decade after the referendum, the debate is over. The definitive words of Martin Wolf in the Financial Times last month leave no room for doubt: “The adverse judgment on Brexit is not a forecast. It… Unlock this article – and everything else on The Currency – with an annual membership and receive a free TUMI Alpha Bravo backpack delivered to your door. Subscribe Cancel at any time. Are you already a member? .

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