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18: George Osborne: Austerity, Boris Johnson, and the UK's next Prime Minister

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The Consequences of Leaveing the European Union

I'd love a pithy attempt by you to give us your view on what the consequences have been. How bad is it leaving the European Union for Britain? I think there is little doubt now that it is knocked our economic performance permanently. It's erected trade barriers with our nearest and biggest export markets. So all this talk of free trade is a nonsense. We've undertaken the biggest act of protectionism in British history. And it has impacted Britain's standing in the world, or its future prospects.

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