Larry Elliott Stands by Brexit Stance 10 Years On

AI Summary

Larry Elliott, a Guardian columnist, reaffirms his support for Brexit 10 years after the vote, citing Europe's economic stagnation and Britain's need for change.

The Lead

Larry Elliott, a Guardian columnist, has reaffirmed his support for Brexit 10 years after the vote, arguing that Europe's economic model is not working and that Britain needed a change.

Economic Case for Brexit

Elliott argues that the economic case for EU membership has weakened over the years. He points out that since the financial crisis, the US has grown by 87%, compared to the EU's 13.5%. He also questions the Office for Budget Responsibility's estimate that the UK economy will be 4% smaller in 15 years due to Brexit.

Britain's Economic Model

Elliott believes that Brexit highlighted the weaknesses of Britain's financial services-dominated economic model. He argues that the government has used its newfound freedom to impose tariffs and cut duties on certain products.

The Impact of Brexit

Elliott sees Brexit as a vote for change and a rejection of the neoliberal economic model. He argues that it has unleashed demands for action that will not be stilled and that it creates an opportunity for change.

The Future Outlook

Elliott concludes that Brexit alters nothing in itself but creates an opportunity for change. He welcomes the demands for action that Brexit has unleashed and believes that this is a good thing.