Robert Peston Robert Peston

Why Boris thinks no deal might be worth the pain

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You may wonder why on earth a Tory government led by Boris Johnson, the heirs to Thatcher for goodness sake, are sacrificing the prospect of a trade deal with the EU because they want the right to subsidise British industry. If the Tories and Thatcher stood for anything, it was rolling back the role of the state in the private sector. Well, all that is stuff for the GCSE history syllabus, and turns out to be irrelevant to today’s politics. Because if the government of Boris Johnson has an ideology, it is that of Dominic Cummings and his Vote Leave crew. And Cummings’s passionate conviction is that Johnson’s government MUST have the discretion to invest without fetter in hi-tech, digital, artificial intelligence and the full gamut of the so-called fourth industrial revolution. How so? Well here is the Cummings/Vote Leave fundamental article of faith for this era: 

‘Countries that were late to industrialisation were owned/coerced by those early (to it).

Robert Peston
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Robert Peston
Robert Peston is Political Editor of ITV News and host of the weekly political discussion show Peston. His articles originally appeared on his ITV News blog.

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