Saturday 6 June 2020 1:47 pm

Letter: Should the transition period be extended?

Professor Anand Menon is director of the UK in a Changing Europe

Re: Given the lack of progress during the Covid-19 crisis, should the transition period be extended?

The answer to this question depends on how one weighs the trade-off between politics and economics.

Even a Brexit with a deal will impose a further hit on the UK economy. The idea we should have regulatory autonomy to help post-Covid recovery would have more force if its proponents could identify the kinds of regulation they had in mind.

The notion trade deals with other partners could compensate for lost trade with the EU was always fanciful. All the more so when major economies look set to become more protectionist post-Covid.

Read more: DEBATE: Given the lack of progress during the Covid-19 crisis, should the transition period be extended?

On the other side is politics. The PM’s USP is that’s he’s the man who delivers and he has said he won’t extend.

Moreover, some of his noisiest Conservative critics on lockdown are those who oppose extending transition. The latter might be a useful bit of red meat to throw them.

Balancing these competing imperatives is what we pay Mr Johnson to do.

Main image credit: Getty

City A.M.'s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M.

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