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Internal investment, not trade deals, is the key to weathering Brexit

A tightening of the austerity screw is the last thing Britain needs

By Ann Pettifor  

Prime Minister Theresa May and Chancellor Philip Hammond. Photo: Peter Byrne/PA Wire/PA Images

“Strong and stable” seems of a world so far, far away. Yesterday’s Daily Mail headline “PM slaps treacherous Chancellor down” portrays a government in political chaos. Thanks to open, unresolved intra-Brexiteer warfare, ministers are unable to agree the basics of how to exit the European Union. This state of uncertainty intensifies just as the risks to British jobs and living standards are becoming starker and more potent. Ironically, just as we teeter towards the cliff, ONS data reveals…

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