PM’s Trump realpolitik looks like appeasement

Press quote (The Observer)
21 June 2025

A study by John Springford, associate fellow of the Centre for European Reform, finds that the annual loss of 4% of gross domestic product from Brexit – as estimated by the Office for Budgetary Responsibility – implies a loss of £40bn a year in tax revenue. He points out that this would have offset “a sizeable chunk” of the £100bn of taxes raised by the 2019-24 Conservative government.