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The Independent UK
The Independent UK
National
Geordie Greig

George Osborne’s Brexit warning as Britain’s economy has ‘fallen off a cliff’

  • Former chancellor George Osborne has warned that Britain 's economy has fallen off a cliff post- Brexit , arguing that rejoining the EU Customs Union is the simplest way to revive trade.
  • Osborne accused political, business, and union leaders of a conspiracy of silence over the economic impact of Brexit, urging re-engagement with European neighbours on key issues.
  • Defending his 2010 to 2015 coalition government's austerity record, Osborne claimed voters now view that period as stable compared to the chaos that followed.
  • Osborne challenged Conservative leader Kemi Badenoch over her strategy, warning that trying to out-Reform Reform is futile and predicting a pact with Nigel Farage if needed to secure power.
  • Speaking in his role as chair of the British Museum, Osborne praised Prime Minister Andy Burnham's positive approach and insisted Brexit is not the end of Britain's story with Europe.

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