This article in the FT is worth a read. It’s relatively balanced as you would expect from the pink pages.
It seems to me that Mrs May is no diplomat. Laying down the law in advance of even the triggering of Article 50 and before any negotiations have begun sounds like a weak position made to look tough. But hey, what do I know? I’m not a negotiator. I’m not an economist. I’m not a politician. Thank heavens.
But the head of the Treasury probably knows a few things about where the money comes from and goes to. And I suspect that it’s one thing to have a Singapore-style economy in tiny Andorra (80,000), Monaco (38,000), Jersey (100,000), Guernsey (60,000), etc… and a rather different kettle of fish if you are trying to make it work over a population of 65 million in a medium sized land mass.
I suppose the question is, are we prepared to forgo a reasonable health service, passable pensions, social security, and a decent infrastructure so that a small area of the UK (City of London) can continue to prosper and give the UK an outward appearance of riches?
Or would we prefer a decent Scandinavian-style society that looks after its people and stops pretending that it’s playing at the big boys’ games?