Why Sunak should not dismiss a Swiss-style Brexit

Higher quality of service

clock • 3 min read

“Switzerland has managed to maintain its sovereignty and independence and reach bilateral agreements with the EU without being part of the EU, and so has Norway.”

The words of none other than Mr Brexit himself Nigel Farage in an interview with Swiss television network RTS back in 2020. So why is it that just two years later, Farage is saying that a UK-Swiss style agreement with the EU is a betrayal of the vote to leave the EU? Average global funds hold a third less in the UK than before Brexit While there are clearly costs to incur, including paying for passporting rights and a deeper relationship with the single market, the economic reality is a far cry from the political rhetoric emanating from Farage and other hard-line Brexiteers recentl...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Number of ISA millionaires hits all-time high of nearly 5,000
UK

Number of ISA millionaires hits all-time high of nearly 5,000

Plum FOI request

Sorin-Andrei Dojan
clock 13 November 2024 • 1 min read
Global investors doubt Reeves' Budget will make UK markets more attractive
UK

Global investors doubt Reeves' Budget will make UK markets more attractive

'Very little room for slippage'

Sorin-Andrei Dojan
clock 08 November 2024 • 4 min read
Baillie Gifford's Iain McCombie: Rightmove's REA rejection 'really good news' for UK M&A
UK

Baillie Gifford's Iain McCombie: Rightmove's REA rejection 'really good news' for UK M&A

Amid criticism of 'depressing' Budget

Linus Uhlig
clock 08 November 2024 • 2 min read
Trustpilot