A short, but to-the-point look at Brexit

Book review: Ninve lessons in BrexitIvan Roger makes a lot of good points in his analysis of where we've been going wrong with Brexit.

9-Lesson-in-Brexit-100

Short Books, £5.99

Buy on Amazon

Brexit has not gone smoothly. Nearly three years on from the vote and we haven't even formally left the EU, let alone concluded the long-term trade agreement that was promised to be "the easiest in human history" to conclude. In this book Ivan Rogers, who was Britain's ambassador to the EU until he resigned at the start of 2017, outlines what he considers to be the key mistakes.

Rogers' nine errors can essentially be grouped into three categories. Firstly,we've been too ambitious underestimating the scale of the task, forgetting that Brexit poses a threat to the EU, and assuming that it will be easy for Britain to get trade deals with the rest of the world. This has been made worse by poor planning not matching the EU's negotiating capabilities, neglecting the service sector, and assuming we can improve on existing templates. Theresa May and the government have also made several political mistakes: assuming that all Leavers want the same things, keeping things secret, and being dishonest with the public.

It's clear Lewis thinks the whole thing is a mistake. Still, his analysis is objective and is based on his experience as a negotiator, rather than on assertions. While we at MoneyWeek wouldn't agree with all of his conclusions (adopting the "Norway-plus" solution would have greatly simplified the process), he makes a lot of good points. Anyone involved in negotiating deals will learn a lot from this short, but to-the-point, work.

Recommended

Brexit begins: what do the UK and the EU want from a trade deal?
Brexit

Brexit begins: what do the UK and the EU want from a trade deal?

With Brexit now done, the trade talks can begin. But who wants what from a UK/EU trade deal, and how likely are they to get it?
3 Feb 2020
No deal is the best deal for Britain – and the EU too
Brexit

No deal is the best deal for Britain – and the EU too

Europe has a lot to gain from a thriving, independent Britain, says Matthew Lynn.
6 Sep 2020
Boris Johnson’s big Brexit plan
Brexit

Boris Johnson’s big Brexit plan

The prime minister needs to get Brexit done, and get the economy growing – particularly for first-time Tory voters. Can he manage all that while negot…
15 Jun 2020
What leaving the EU means for your money
Brexit

What leaving the EU means for your money

We’ve finally left the European Union. It may seem like nothing has changed, but investors need to look at what it means for their portfolio right now…
15 Jun 2020

Most Popular

The Bank of England should create a "Bitpound" digital currency and take the world by storm
Bitcoin

The Bank of England should create a "Bitpound" digital currency and take the world by storm

The Bank of England could win the race to create a respectable digital currency if it moves quickly, says Matthew Lynn.
18 Oct 2020
Negative interest rates and the end of free bank accounts
Bank accounts

Negative interest rates and the end of free bank accounts

Negative interest rates are likely to mean the introduction of fees for current accounts and other banking products. But that might make the UK bankin…
19 Oct 2020
What would negative interest rates mean for your money?
UK Economy

What would negative interest rates mean for your money?

There has been much talk of the Bank of England introducing negative interest rates. John Stepek explains why they might do that, and what it would me…
15 Oct 2020