Douglas Carswell

17 JAN 2017

Brexit optimism has gone mainstream

Today, Theresa May is set to confirm Britain will leave both the single market and the customs union. Over the weekend, the Chancellor hinted we could cut taxes to be more competitive after leaving the EU. Isn't it extraordinary how the new year has brought a new attitude to Brexit?

Brexit optimism goes beyond Downing Street. The Bank of England admitted it got its forecasts wrong. The City has dropped its demand for passporting, and is backing a trade deal with the EU based on regulatory equivalence. The FTSE 100 has had its longest winning streak ever.

Meanwhile, with a new US President and Congress, the prospects for a US-UK trade deal are brighter than ever.

Lots of companies that were negative about Brexit are now starting to see how Brexit could be good for business. That's actually not so surprising.

Many CEOs were fed a negative view of Brexit by their corporate affairs team. Some of these lobbyists are to Brexit forecasting what Bernie Madoff is to investing.

But businesspeople themselves are pragmatic. They can see the opportunities.

In fact, across Britain, the Leave coalition is growing as people have realised that the sky hasn't fallen in after all – and self-government will make as better off.

For pundits, stuck in pre-referendum groupthink, the PM's speech might be news. But it should have been obvious that we were leaving the single market and the customs union on June 24th.

The real significance of her speech is that it reflects a new reality. British politics has fundamentally shifted. We're all Leavers now.

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