Getting closer to the EU is a sop to Burnham’s socialist backbenchers
Andy Burnham wants to undo Brexit because he’s given on the supply side reforms Britain needs for growth, says Joseph Dinnage October is always grim. The temperature drops, the rain begins and the darkness sets in. This month is poised to be even drearier than usual. In a week’s time, we’ll have John Healey’s first Budget. Healey [...]
October is a month of gloom, with the onset of colder weather, rain, and darkness. In just one week, Labour Party leader Andy Burnham will deliver his first budget, which is expected to include tax increases on banks, online retailers, and fuel. The government appears to have abandoned its domestic growth strategy, instead focusing on closer ties with the European Union.
Burnham outlined his plan for a more European-centric approach during his keynote speech at the Labour Party conference. The Prime Minister argues that it's time to move beyond the Brexit 'status quo' and examine our place in Europe to boost economic growth. However, critics argue that Burnham is merely catering to the demands of his socialist backbenchers, as evidenced by the Welfare Bill.
By rejoining the EU, Britain would lose the benefits of Brexit, such as the ability to develop its AI sector independently. Europe's AI Act has stifled innovation, while Britain's AI businesses have thrived due to their more agile and start-up-friendly environment. The government's proposed EU 'reset' would hinder progress and add unnecessary taxes, particularly during a period of rising inflation.
The warning signs for rejoining the EU are clear, with major players like France and Germany currently facing high energy costs, sluggish growth, low productivity, and aging populations. Britain's future would likely follow a similar trajectory. Additionally, the democratic will of millions of British voters should not be overridden.
Instead of seeking a retrograde act of economic self-harm, the government must pursue policies at home that would improve life for all citizens.
Written by urgent.news from City AM's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
