Brexit: What the Hell Happens Now?
Britain's departure from the European Union is riddled with myth and misinformation -- yet the risks are very real. Brexit could diminish the UK's power, throw its legal system into turmoil, and lower the standard of living of 65m citizens. In this revised edition of his best-selling paperback, Ian Dunt explains why leaving the world's largest trading bloc will leave Britain poorer and key industries like finance and pharma struggling to operate. It could even lead to the break up of the UK. Based on extensive interviews with trade and legal experts, Brexit: What the Hell Happens Now? is a searching exploration of Brexit shorn of the wishful thinking of its supporters in the British media and Parliament.
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- Paperback | 192 pages
- 129 x 198 x 12mm | 262g
- 19 Feb 2019
- Canbury Press
- United Kingdom
- Revised Edition
- 4 Illustrations, black and white
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"No deal for Britain is better than a bad deal for Britain." That's what a defiant Theresa May PM said yesterday, in her speech on The government's negotiating objectives for exiting the EU. In the opening chapter of his book, Dunt shows us what "no deal" might actually look like: Big Ben strikes midnight and Britain is out of the European Union. The talks have fallen apart in mutual acrimony. The UK has not secured continued membership of the single market. It doesn't even have access. It is out of the treaty which waives tax on imports and exports. It has no trade deals with Europe or anyone else. It is on its own. He goes on to give some idea of what that might involve. Long queues of lorries stopped at Calais by customs officials, detained and inspected. Exports of meat and eggs held up as samples are taken away for testing at hurriedly established inspection posts, struggling with demand while the products rot by the roadside. Thousands of businesses haemorrhaging cash as shipments are stopped and detained at ports around the world. Bureaucratic nightmares as hurriedly recruited officials attempt to deal with backlogs of reinstated "proof of country of origin" documentation. Tariffs slapped on products left, right and centre, and not just on the finished product but on the raw materials and components too. Banks and financial institutions sacking workers and outsourcing jobs to more advantageous economic climes. Trade disputes multiplying as Britain loses the protection of a standard WTO deal and has to deal with 163 different country relationships. British professionals unable to work abroad as their qualifications are no longer recognised under standard EU rules. And so on and so forth. It's a nightmare vision, deliberately painted so, as a shock to the complacency of those who thought Brexit would be a breeze. But, as Dunt then makes clear, these are "the consequences of a chaotic, hard Brexit."--Paul Magrath "ICLR "