Britain’s tired old economy isn’t strong enough for Brexit | Phillip Inman

Leave campaigners’ visions of national renewal depend on a level of commercial vibrancy that the UK can no longer musterBrexit, at its heart, is a recognition that Britain has become steadily weaker since it spent much of its empire wealth fighting two world wars – too feeble in the years before the 2016 referendum to sustain an exchange rate of $1.60 and €1.40, just as it was too poor to cope with $4 to the pound in the 1950s and $2 to the pound in 1992.Manufacturers were unabl