Daily Express

No- fear UK is set to boom COMMENT

- JOHN LONGWORTH of the Independen­t Business Network and director of the Centre for Brexit Policy

WINSTON Churchill famously said that those who capitulate never recover. Those who fight, even if defeated, rise again.

He was talking about France, which gave in to Germany in 1940. Eighty years later, we have nothing to fear but fear itself.

Nothing to fear from an independen­t and self- reliant future and everything to be optimistic about.

The EU represents a small part of our economy. Given our liberty, Britain will boom. This is what the EU feared most.

Given freedom to define our own policies, the UK will be able to institute better regulation­s, adjust taxes to stimulate enterprise and provide finance for new and growing businesses, all of which were impossible while a member of the EU.

The Government must waste no time in pursuing these measures and others, in order to seek economic growth comparable to the strongest economies in the world rather than that of the lacklustre drag anchor of the EU.

Boosting growth will secure our sovereignt­y and provide the tax receipts to fund public services, including the NHS, confoundin­g those who continue to oppose our exit from the EU.

So, despite Covid, we can look forward to a great year ahead.

Trade with the EU represents less than 13 per cent of our GDP and less than eight per cent of UK businesses have any dealings with it. The majority of our trade is with the rest of the world.

Liz Truss, the Internatio­nal Trade Secretary, has made a sterling job of what the EU said was impossible – the rolling of 63 trade deals. So we have at least as good terms as the EU had, now we have left.

It took Britain less than a year to do this. It took the EU a decade and more.

Not only that, but many of these countries want even better arrangemen­ts, only possible between parties who know what is good for them rather than the lowest common denominato­r of 27 countries and all the protection­ism of the EU.

With these deals in place we can ourselves favour production in Britain by applying tariffs to the rest of the world where it suits, with the money raised going to the Treasury, and remove tariffs when it is good for us.

There is nothing that the EU produces that we cannot source from around the world, with as good quality and cheaper prices.

So even with tariff and quota- free trade with the EU, there is still a massive incentive to trade ever more with the rest of the world. It will all mean more jobs, more wealth and better products.

So, let the bells ring out for a bright and prosperous Brexit New Year.

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