In These New Times

A new paradigm for a post-imperial world

Britain, Brexit, Europe and the lessons of Suez

Posted by seumasach on August 4, 2016


“A prolonged period of diminishing influence and relative economic decline is now the likely future for our nearest neighbour. The pressure point this time will not be the threat to sterling exposed by a furious US President, but rather the threat from a diversion of FDI flows seeking secure access to the EU single market.”

We need to go as far away as Dublin to find a journalist who can nonchalantly state the obvious. Thank you, John Looby!

He also rounds the argument off nicely:

“In the longer-run, this will likely see a new generation of pragmatic leaders lead the UK back into the EU. As Heath, Jenkins and others ultimately understood in the wake of Suez, they have nowhere else to go.”

I couldn’t have put it better myself!

John Looby

Business Post

4th August, 2016

Almost 60 years ago a popular and experienced Tory Prime Minister destroyed his career and plunged his country into crisis with a reckless risk which backfired spectacularly. While the retreat from Empire was never likely to be smooth, the stark weakness exposed by the debacle of Suez undoubtedly accelerated the long march to the margins.

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