Have been thinking for some time about whether there will be a New Year 'reset' by the UK government, badly needed in economy, trade where plans and philosophy veer between listless and unrealistic, but would require more competent, less hostile and ideological key individuals.
https://twitter.com/lionelbarber/status/1326790793793826816
Key problems include unbelievably bad government-business relationships (increasing likelihood of major supply chains leaving UK) and economic policy challenged by covid rebuilding and levelling up without obvious pathways beyond public spending and freeports.
It isn't easy to see what any government can do to stiumulate particular parts of their economy in an age of global and regional supply chains, but a particular challenge for a government committed to raising barriers to 50% of trade. Tough questions to answer.
Difficult to envisage effective economic decisions if you can't even make a decision on a trade deal with the EU because the potential restrictions are too much for your own backbenchers. These being exactly the trade-offs always required by trade agreements. Preparation?
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