VOT Research Desk
On Friday, UK Finance Minister Jeremy Hunt stated, I am sure that we will be able to remove the great majority of trade barriers with the European Union (EU) outside the single market.
We can find other ways to compensate for the benefits of membership in the single market,” he added.
Furthermore, Hunt stated that “there may be short-term disruption as we change our economic model, but I believe Brexit will provide long-term opportunity.”
Previously, it would be irresponsible to exacerbate the recession by cutting government spending today.