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Showing posts from October, 2022

The impact of the Tories' Brexit negotiations on the UK's economy

In an interview with the Financial Times, Guy Hands, founder of private equity firm Terra Firma, was critical of the Conservative Party's handling of the economy.  He said that they needed to focus less on internal battles and more on fixing the problems that have arisen during their time in office, the infighting had become so intense that it was now having a severe impact on Britain’s economic performance. Labour MP claims senior Tories Hands also mentioned some specific mistakes that he feels the party has made, including their failure to invest in infrastructure and housing. These failures have put Britain at risk of becoming "the sick man of Europe". “We are looking like the sick man of Europe at present and I think it is because there is this ongoing civil war within our own ranks which shows no signs whatsoever of abating,” he said. “It means we are not concentrating on what we should be doing – running the country.” It is clear that Hands feels strongly about this