HOPE not hate believes that leaving the EU without a deal will be a disaster for Britain. The Office for Budget Responsibility last week predicted that leaving the EU without a deal would create a £30bn hole in public finances and plunge the country into recession. Other forecasts think the consequences will be even worse. The Treasury has predicted that the economy will be 9.3% smaller after 15 years.
The Bank of England has warned that a No Deal Brexit could trigger a massive economic shock and widespread disruption.
The horrific numbers being bounded around by economists translate into jobs losses, reduced tax receipts and a further hit on public spending. And, of course, it is those communities that are already struggling from decades of industrial decline and ten years of austerity that will be hit most.
As the economic impact bite, resentment is likely to grow, especially among those who were promised that Brexit would deliver a better future for them and their families. The backlash is likely to provide fertile ground for right-wing demagogues and populists to exploit this anger and resentment – whilst also of course denying any responsibility for their own hard Brexit agitation.
HOPE not hate’s mission is to provide an antidote to the politics of hate. A chaos Brexit backlash will create fertile ground for the far right. HOPE not hate cannot allow this to happen and so that’s why we have decided to stand up and oppose a radical right-led hard Brexit.