One of the main things that’s holding up an UK-EU trade deal is the demand that the UK sticks to current state aid rules. Boris and Frost are refusing to budge. They want the freedom to do whatever they wish with state aid in post-Brexit Britain.
Restrictions around state aid spending are in place to ensure governments do not prop up failing industries or distort the free market by handing out public money to troubled sectors – either halting their collapse or giving them an artificial competitive advantage.
When you get rid of state aid rules, horrible things can happen, particularly from a centre-right perspective. Eliminating all laws surrounding the use of state aid is one of the first acts a new socialist regime would likely carry out as it would allow them to nationalise on the cheap, among other nefarious things.
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