The taxpayer pound (and dollar, and yen..)

Brexit watchers often focus on the potential for new international trade deals after 2019. More prosaically, this week’s draft Trade Bill sets out ambitions for independent membership of the ‘Government Procurement Agreement (GPA)’. This is the WTO system that gives companies a chance to bid for public sector contracts worth more than £1.3 trillion every year. It’s a helpful reminder that the chances of Brexit being a success will be determined outside the Berlaymont as well as in it.

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