Brexit Was Like Battle of Hastings Defeat – There Is One Way to Fix It, Says George Osborne

The Brexit debate has been marked by a peculiar phenomenon: politicians’ and commentators’ inability to confront the consequences of their actions. Ten years on from the referendum, Britain’s economy is still reeling from the shock of leaving the EU’s Customs Union. The effects are plain to see: stagnant growth, plummeting trade, and an economic downturn that has left many questioning the wisdom of Brexit.

George Osborne, a key figure in the Remain campaign, believes Britain should rejoin the Customs Union as a short-term solution to its economic woes. As chair of the British Museum, he’s overseeing the Bayeux Tapestry exhibition – a poignant reminder that even historical defeats can be reversed with determination and cooperation. In an interview, Osborne made the case for rejoining the Customs Union.

The contrast between the Remain campaign’s vision and Brexit’s harsh reality is stark. The Brexiteers’ promise of “great trade deals” with America has proven to be little more than fantasy. Britain’s economic growth has been stifled by its decision to leave the Customs Union – and rejoining would be a crucial step towards reviving trade with Europe.

Politicians, business leaders, and union chiefs have been reluctant to address this issue. As Osborne noted, there’s been a “conspiracy of silence” surrounding Brexit’s consequences. This reluctance is understandable, given the complexities of re-opening old wounds. However, it’s precisely this kind of short-sightedness that has hindered Britain’s ability to adapt to its new circumstances.

Rejoining the Customs Union may not solve all of Britain’s economic problems, but it would provide a vital lifeline. Osborne suggested that it doesn’t require reaccepting the free movement of people – a contentious issue in the current climate. By doing so, Britain could begin to rebuild its trade relationships with Europe and attract investment once more.

However, this proposal raises questions about the UK’s long-term strategy. With Labour leader Andy Burnham committed to honouring his party’s manifesto commitments not to rejoin the EU, Customs Union, or single market, Osborne’s plan seems like a non-starter. But perhaps that’s the point – perhaps it’s time for Britain to rethink its relationship with Europe and find a new way forward.

The Bayeux Tapestry exhibition at the British Museum is more than just a historical relic; it’s a reminder of the shared history and culture that binds Britain to Europe. As Osborne noted, even the most seemingly insurmountable challenges can be overcome through cooperation and determination. It’s time for Britain to learn from its past and work towards a brighter future – one that includes reengagement with the EU.

The Conservative Party’s efforts to regain power are complicated by their own internal divisions. Kemi Badenoch, the current leader, has been criticized for her handling of Brexit and her reluctance to engage in an election pact with Nigel Farage. Osborne’s assessment that she would likely agree to such a deal if it meant winning power is a damning indictment of the party’s priorities.

In contrast, Labour’s new prime minister Andy Burnham seems to be taking a more pragmatic approach. His commitment to rebuilding links with Europe and tackling the economic consequences of Brexit is a welcome change from his predecessors’ policies. However, will he be able to navigate the complex web of EU politics and secure a deal that benefits Britain?

The future of Brexit remains uncertain, but one thing is clear – it’s time for Britain to take a long, hard look at its relationship with Europe and find a new way forward. As Osborne so eloquently put it, “Brexit’s not the end of the story” – and it’s up to Britain’s leaders to write the next chapter.