London Daily

Focus on the big picture.
Sunday, Apr 26, 2026

David Davis: Brexit has not produced  ‘major’ economic benefits

David Davis: Brexit has not produced ‘major’ economic benefits

The former Brexit Secretary blames Covid for failure of leaving the EU to deliver economic benefits to the UK
David Davis has has admitted that Brexit has not delivered any ‘major’ economic benefits six years on from the vote to leave the EU.

The former Brexit secretary, who championed the case of leaving the EU to boost the economy, blamed the impact of Covid for the lack of postive results.

He admitted: “We haven’t seen any economic benefit for having left the EU ... No major ones.”

The Tory backbencher instead claimed here had been “minor ones” such as the UK beginning delivery of Covid vaccines in 2020 before the rest of Europe.

Mr Davis contined: “There’ll be more of that. You will see our medical based industries and our software based industries grow significantly.”

Speaking to Times Radio, he added: “Just easing our way out of a Covid crisis, you can’t make any sensible economic measures at the moment.”

Mr Davis said he agreed with prime minister Rishi Sunak in insisting the head of the CBI, Tony Danker, is “wrong” to believe looser immigration rules would help rescue the economy.

The prime minister previously asked about the possibility of a Swiss style relationship with the UK with closer economic ties to the UK: “Let me be unequivocal about this. Under my leadership, the UK will not pursue any relationship with Europe that relies on alignment with EU laws.”

The CBI has pointed to a lack of workers as a key reason for its warning that last week’s autumn statement had no plan for growth.

Speaking at the Confederation of British Industry (CBI) annual conference in Birmingham, Mr Sunak said on Monday he wished to be “unequivocal” that the UK “will not pursue any relationship with Europe that relies on alignment with EU laws” under his stewardship.

“I voted for Brexit, I believe in Brexit and I know that Brexit can deliver, and is already delivering, enormous benefits and opportunities for the country – migration being an immediate one where we have proper control of our borders and are able to have a conversation with the country about the type of migration that we want and need,” he said.

“We weren’t able to do that inside the European Union, at least now we are in control of it.

“When it comes to trade, it means that we can open up our country to the world’s fastest-growing markets.

“I’ve just got back from the G20 in Indonesia, we’re talking about signing CPTPP, where we’ve got some of the most exciting, fastest-growing economies in the world and we can become a part of that trading bloc, that’s a fantastic opportunity for the UK.”

He said the UK could also have “regulatory regimes that are fit for the future that ensure that this country can be leaders in those industries that are going to create the jobs and the growth of the future”.
Newsletter

Related Articles

0:00
0:00
Close
The Met Gala Meets the Age of Billionaire Backlash
Russian Oligarch’s Superyacht Crosses Hormuz via Iran-Controlled Route
Gunfire Disrupts White House Correspondents’ Dinner as Trump Is Evacuated
A Leak, a King, and a Fracturing Alliance
Inside the Gates Foundation Turmoil: Layoffs, Scrutiny, and the Cost of Reputational Risk
UK Biobank Breach Exposes Health Data of 500,000, Listed for Sale on Chinese Platform
KPMG Cuts Around 10% of US Audit Partners After Failed Exit Push
French Police Probe Suspected Weather-Data Tampering After Unusual Polymarket Bets on Paris Temperatures
CATL Unveils Revolutionary EV Battery Tech: 1000 km Range and 7-Minute Charging Ahead of Beijing Auto Show
Crypto Scammers Capitalize on Maritime Chaos Near the Strait of Hormuz: A Rising Threat to Shipping Companies
Changi Airport: How Singapore Engineered the World’s Most Efficient Travel Experience
Power Dynamics: Apple’s Leadership Shakeup, Geopolitical Risks in the Strait of Hormuz, and Europe's Energy Strategy Amidst Global Challenges
Apple's Leadership Transition: Can New CEO John Ternus Navigate AI Challenges and Geopolitical Pressures?
Italy’s €100K Tax Gambit: Europe’s Soft Power Tax Haven
News Roundup
Microsoft lost 2.5 millions users (French government) to Linux
Privacy Problems in Microsoft Windows OS
News roundup
Péter András Magyar and the Strategic Reset of Hungary
Hungary After the Landslide — A Strategic Reset in Europe
Meghan Markle Plans Exclusive Women-Focused Retreat During Australia Visit
Starmer and Trump Hold Strategic Talks on Securing Strait of Hormuz Amid Rising Tensions
Unofficial Australia Visit by Prince Harry and Meghan Expected to Stir Tensions with Royal Circles
Pipeline Attack Cuts Significant Share of Saudi Arabia’s Oil Export Capacity
UK Stocks Rise on Ceasefire Momentum and Renewed Focus on Diplomacy
UK to Hold Further Strategic Talks on Strait of Hormuz Security
Starmer Voices Frustration as Global Tensions Drive Up UK Energy Costs
UK Students Voice Concern Over Proposal for Automatic Military Draft Registration
Rising Volatility Drives Uncertainty in UK Fuel and Petrol Prices
UK Moves to Deploy ‘Skyhammer’ Anti-Drone System to Strengthen Airspace Defense
New Analysis Explores UK Budget Mechanics in ‘Behind the Blue’ Feature
Man Arrested After Four Die in Channel Crossing Tragedy
UK Tightens Immigration Framework with New Sponsor Rules and Fee Increases
UK Foreign Secretary Highlights Impact of Intensified Strikes in Lebanon
UK Urges Inclusion of Lebanon in US-Iran Ceasefire Framework
UK Stocks Ease as Ceasefire Doubts in Middle East Weigh on Investor Confidence
UK Reassesses Cloud Strategy Amid Criticism Over Limited Support Measures
UK Calls for Full and Toll-Free Access Through Strait of Hormuz Amid Rising Tensions
Starmer Signals Strategic Shift for Britain Amid Escalating Iran-Linked Tensions
UK Issues Firm Warning to Russia Over Covert Underwater Military Activity
OpenAI Halts Stargate UK Project, Casting Uncertainty Over Britain’s AI Expansion Plans
Starmer Voices Frustration Over Global Pressures Driving UK Energy Costs Higher
UK Deploys Military Assets to Protect Undersea Cables From Suspected Russian Threat
Canada Aligns With US, UK and Australia as Europe Prepares Major Digital Border Overhaul
Meghan Markle’s Planned Australia Appearance Sparks Fresh Speculation
Starmer Warns Sustained Effort Needed to Ensure US–Iran Ceasefire Holds
UK to Partner with Shipping Industry to Rebuild Confidence in Strait of Hormuz, Cooper Says
UK Interest Rate Expectations Ease Following US–Iran Ceasefire Agreement
Starmer Signals Major Effort Needed to Fully Reopen Strait of Hormuz During Gulf Visit
UK Fuel Prices Face Ongoing Volatility Amid Global Pressures and Domestic Factors
×