Why have Brexiteers stopped making the case for Brexit?

For at least a year the Brexit debate has been conducted almost entirely on negative ground – arguing over how harmful it might be if we leave with no deal, or whether leaving the EU is already threatening the economy. There has been rather less discussion of the benefits of Brexit – what Britain will be able to do in the future which it can’t do as a member of the EU. It was this, after all, which won the 2016 referendum for Leave, so why have leavers been so shy about continuing to make the case for Brexit?

This week, though, comes one positive contribution in the shape of a paper on the financial services industry by the Institute of Economic Affairs (IEA). Resulting from a series of round table meetings with members of the industry it has produced a list of suggestions as to how Britain can benefit, post-Brexit, by changing the regulatory regime which is currently imposed through the second directive on markets and financial instruments (MiFID II).