3 ms·
This deal will only bring a short term truce in the Conservative party. As the economic reality of Covid starts to bite, certain fractions in the party wil urge
by oxfordmale 6y ago
This deal will only bring a short term truce in the Conservative party. As the economic reality of Covid starts to bite, certain fractions in the party wil urge for a more generous deal with the EU, especially as a quick trade deal with the USA no longer seems to be on the table. Boris is not likely going to last until the next GE, either by choice or because he will be forced out.
When the Tories will finally be relegated to the opposition benches, it is very likely the party will tear itself apart about this too. There is a pro business section in the Tories that do not like where the party is headed, but are so far powerless to anything about it.
- klelatti 6y agoThe historian David Edgerton has an interesting take on the last part - he says that there is no longer a British national capitalism - that is that most big business in the UK is internationally owned or has an outlook that doesn't see itself as particularly British. Good examples would be motor manufacturing and chemicals (so no ICI but instead we have Ineos). There are exceptions of course but the trend is clear. If you look at the backers of the tories now it's not big business any more (in the sense of the CBI say) but often niche financial services firms - who often loathe the EU. If you follow the money then I can't see the Tories worrying too much about traditional business in the UK.