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Cutting through the EU confusion
JOHN ELLISON on why some of the left-wing fears about Brexit aren’t as strong as might first appear

IN yesterday’s article I weighed up whether an EU referendum vote would hinder a future Corbyn-politics Labour government from putting its policies into effect while remaining inside the European Union. My answer was that it would be a hindrance.

But if Britain leaves the EU and joins other European countries outside, what will happen to its EU trading?

The bald answer is that, as explained by John Foster in his detailed pamphlet Britain and the EU: What Next? a relatively strong economy like Britain’s, could, if leaving the EU, trade with EU countries on the same terms as the US, Japan, China and Russia — all of which export to them at present on a large scale.

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