Regulatory competition post Brexit could spur our economic recovery
Mark Littlewood writes for The Sunday Telegraph
Victoria Hewson writes for CapX
Leaving the EU, the UK has regained its sovereignty, but “of course, we in the UK have a tendency to regulate and intervene heavily in our own right”, writes the IEA’s Head of Regulatory Affairs Victoria Hewson.
In an article for CapX, Victoria argues that “if this tendency continues, the UK will be left with the burdens of the EU regulatory model (plus all of our own making), and none of the benefits of frictionless trade.”
Those in favour of free trade must remain vigilant to ensure that interpretation and implementation of the new Trade and Cooperation Agreement is not taken over by anti-competitive forces and vested interests.
Read the full article here.