Although Boris Johnson has waged a strong battle for an independent Britain, before Brexit happened, no plans have been outlaid as to how to mitigate the aftershocks and move ahead as an independent nation. With Scotland preferring to remain with the EU, could have serious repercussions for Britain.
According to Britain’s Prime Minister in waiting, Boris Johnson is reported to have said that Britain will continue to have access to EU single market despite voting to leave the bloc. A fierce Brexit campaigner, Johnson is the favourite to become Britain’s next Prime Minister.
With Britain voting to leave the safety of the EU, Johnson has been thrown into the limelight. Having cast their dye for Brexit, British voters are now eagerly awaiting for a post-Brexit plans to materialize, and are looking up to its leaders to mitigate the disastrous fallout of the referendum.
Johnson has now disclosed that Britain could forge a new relationship with the EU, one that is based on free trade instead of a federal system. Furthermore, Britain will also be able to now do free trades with growing economies outside of the EU.
“There will continue to be free trade, and access to the single market,” wrote Johnson in a regular column for the Daily Telegraph. Interestingly he went on to add that there is “no great rush” for Britain to extricate itself from the EU.
Although he did not spell out the details of the arrangement which he has in mind, he made it clear that Britain will not allow free movement of people. He said that Britain will bring about its own emigration policy, which suits its industry and business.
Of note is the fact that although Mark Carney, Bank of England’s governor, came under intense fire from Brexit campaigners ahead of the referendum for his warnings that Britain should not leave the EU, Johnson stated that Brexit’s impact was “wildly overdone” and that Carney should continue at his job.
“The economy is in good hands,” he said, while praising ‘In’ campaigners Prime Minister David Cameron and finance minister George Osborne for the work they have done to reduce public spending.
“Most sensible people can see that Bank of England Governor Mark Carney has done a superb job – and now that the referendum is over, he will be able to continue his work without being in the political firing-line.”
Britain’s Scotland dilemma
Although Scotland’s First Minister, Nicola Sturgeon had earlier stated that Scotland will have an independence referendum, Johnson has stated that he does not detect “any real appetite” for a Scottish independence referendum.
Scotland wants to be part of the European Union and Sturgeon has said it would be best if Scotland was part of the bloc.
Incidentally, Scotland is a nation of five million people. In the referendum, its citizens have voted 62% to 38% to remain in the EU. This has put it at odds with the United Kingdom, which as a whole has voted 52% to 48% to exit the European Union.
Categories: Economy & Finance, Strategy
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