This David Davis chap had a vision for Brexit. He even summed them in a nifty article back when he was appointed head of DExEU.http://www.conservativehome.com/platfor ... itain.html
Economic growth in the UK has been founded on a number of unhealthy characteristics in the last decade or so. It has depended above all on large population increases based on uncontrolled mass migration. This has made the economy bigger, but not necessarily better for individual citizens, as shown by GDP per capita growth rates of two per cent or less
Sounds good so far. Not necessarily aligned with what business leaders are asking, but ok.
The first order of business is to put that right. As the amicable statements coming from the US, Australia, China and India show, these countries are as keen to knock down trade barriers as we are.
So be under no doubt: we can do deals with our trading partners, and we can do them quickly. I would expect the new Prime Minister on September 9th to immediately trigger a large round of global trade deals with all our most favoured trade partners. I would expect that the negotiation phase of most of them to be concluded within between 12 and 24 months.
So within two years, before the negotiation with the EU is likely to be complete, and therefore before anything material has changed, we can negotiate a free trade area massively larger than the EU.
At the moment all businesses in the UK must comply with EU regulation, even if they export nothing to the EU. This impacts on our global competitiveness. Instead, we should look to match regulation for companies to their primary export markets.
Another big fat nope here.
This leaves the question of Single Market access. The ideal outcome, (and in my view the most likely, after a lot of wrangling) is continued tariff-free access. Once the European nations realise that we are not going to budge on control of our borders, they will want to talk, in their own interest.
This is one of the reasons for taking a little time before triggering Article 50. The negotiating strategy has to be properly designed, and there is some serious consultation to be done first. Constitutional propriety requires us to consult with the Scots, Welsh, and Northern Irish governments first, and common sense implies that we should consult with stakeholders like the City, CBI, TUC, small business bodies, the NFU, universities and research foundations and the like. None of them should have any sort of veto, but we should try to accommodate their concerns so long as it does not compromise the main aim. This whole process should be completed to allow triggering of Article 50
This one's a gem. So many predictions gone wrong.
So how will this look if we get it right? We will have a more dynamic economy, trading throughout the world. Our businesses will have greater global opportunities, and will be more competitive. There will be lower prices in the shops, once we are outside the Common External Tariff. There will be higher wages for the poorest. An immigration system that allows us to control numbers. Control of our laws, so our lives are not hampered by needless and restrictive regulations.
Let me check. Prices have grown more than inflation (UK leads the bottom in real wage growth) the pound has taken a hit. Net migration has taken a big hit, but still high thanks to the non-EU component. And of course those needless and restrictive regulations stay in place.