Philip Hammond Wants to Turn Britain into Neoliberal Tax Haven for the Rich

Beastrabban\'s Weblog

This is more evidence of the Tories’ obsession with turning Britain into ‘America junior’. On Sunday Mike over at Vox Political put up a piece about the current chancellor, Philip Hammond’s interview with the German newspaper, Welt am Sonntag, in which he said that if Britain could not gain access to European markets after Brexit, it would allow the country to turn away from the European political and economic model. Instead of following the ‘European-style’ social model, with high taxation and regulation, Britain would become ‘something different’.

Mike called this Tory stupidity and arrogance at its worst, and he’s right. Britain cannot win a trade war with Europe. Europe constitutes more than half of the market for Britain’s exports. And every time Theresa May opens her trap about Brexit, investors take fright and the pound plummets to a new level. Mike’s article quotes Jeremy Corbyn as saying that he…

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