A former Conservative chancellor has warned that the UK economy has suffered a sharp decline since Brexit, describing the downturn as a dramatic fall. He argues that rejoining the European Union’s customs union could offer a straightforward path to economic recovery. The comments come from a figure who left government shortly after the 2016 referendum. The suggestion highlights ongoing debates over the UK’s post-Brexit trade relationships.


Ex-Tory chancellor says economy has ‘fallen off a cliff’ since Brexit but rejoining union could be ‘quite simple’The former chancellor George Osborne said Britain’s economy had “fallen off a cliff” since Brexit and that rejoining the European Union’s customs union would be the fastest route to recovery.Osborne, who resigned as chancellor after being part of David Cameron’s cabinet at the time of the referendum, said it was important to rebuild links with the EU. Continue reading...