The UK voted to leave the European Union in 2016. Ten years later, the Labour government is debating whether to rejoin, citing Brexit as a net economic loss. But from my perspective, Brexit never really happened. The UK left its biggest marketplace and made it harder to travel to Europe. The experiment was never properly conducted, which makes it impossible to evaluate properly.
I examine six areas where Brexit should have delivered economic benefit: trade relationships, people and skills, capital and investment, industrial capacity, business environment, and resilience and self-sufficiency. The first two produced immediate consequences, most of them damaging. The remaining four represent a failure to use the freedoms Brexit theoretically recovered.
My conclusion is that Brexit was one of the most spectacular planning and implementation failures in modern British political history. Britain never found out whether Brexit could work, because it never tried to make it work.