Britain | Spend drift
Post-Brexit Britain is splurging more on state aid
New figures show that Britain has become more European
ADVOCATES of Brexit straddled two contrasting visions of the British economy. Figures on the Thatcherite right imagined a smaller state of low taxes and lower subsidies. The Eurosceptic left hoped that junking the EU’s state-aid rulebook would allow the government to back favoured industries. Things are not going the Thatcherites’ way.
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This article appeared in the Britain section of the print edition under the headline “Shovelling subsidies”
Britain December 2nd 2023
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- The curious case of Nick Clegg
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From the December 2nd 2023 edition
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