I think a lot of senior Tories don't understand what trading on WTO terms means. Haven't we said before that there isn't a country in the world that trades solely on WTO?
They still haven't grasped that you can't have total sovereignty as well as full access to EU markets, there are trade-offs. I think financial services could be a clincher, despite all the posturing and tough talking, it affects far more jobs than fishing.
There is a glimmer of hope in that Boris has already capitulated over the Irish border, to get something signed at the end of last year.
No way !
Will either the EU or UK compromise to get a deal done before the end of 2020 ?
I think this is going to be very difficult. Have a feeling that many senior Tories believe that a deal with the EU is impossible in the next few years and they will have to gamble on a WTO exit.
So I can see a very bumpy ride ahead with a very unpopular Government in a state of crisis, hoping that by the time of the next election, the economy will have recovered.
The Tories strategy has recently been to go for votes in the north of England, as they presume that the south of England outside of major cities is safe Tory territory. Many Labour voters apparently voted Tory in December to get Brexit done and the Tories will be looking for any possible benefit from Brexit.
Offering cheaper imported food, which they may believe will be popular in lower income households, could be seen as a vote winner. The Tories may be presuming that the farming community even though they may be affected by cheaper alternative food, are never going to vote Labour. There may be a belief in Tory minds that they could gain more votes, than they lose.
If Brexit does not meet the aspirations of the millions who voted for it, the main party that advocated it, are going to be in trouble at the next election. A combination of a Covid-19 derived recession and Brexit related problems is not going to help the Tories campaigning to stay in Government.
This is interesting, leading bankers argiung for 'greening' the global economy. They include the current governor of the Bank of England and the previous one.