Brexit Minister Davis: the UK will not be “plunged into a Mad Max-style world borrowed from dystopian fiction”
On Tuesday, Brexit Minister David Davis adamantly held that the UK will not be “plunged into a Mad Max-style world borrowed from dystopian fiction” and instead said that they wanted to lead a “global race to the top” in rights and standards not, as some feared, a “competitive race to the bottom”.
The comment came after Labour claimed that he UK could be turned into a “low-wage, offshore tax haven”, after the government announced that it would adopt a “new economic model”.
Davis unleashed harsh criticism saying: “They fear that Brexit could lead to an Anglo-Saxon race to the bottom. With Britain plunged into a Mad Max-style world borrowed from dystopian fiction. These fears about a race to the bottom are based on nothing, not our history, not our intentions, not our national interest.”
During a speech in Vienna he highlighted the need for a functioning economic partnership and insisted that both sides must work together in order to create new mechanisms, ensuring that both sides respect open trade and fair competition. He said that he was certain that the European Union and the UK would reach to an agreement but urged Brussels to see securing an agreement as a “mutual endeavor”.
He further added that the UK does not to undermine the EU, but rather wants it to become a respectful partner in driving new standards for a changing economy.
He went further to stress that London will not use Brexit as a means to deregulate its economy and lower standards to attract new investment and noted that British business, in this new globalized world, could “never be cheaper than China or have more resources than Brazil” and as such must focus instead on product and service quality.
On the matter, last year EU chief negotiator Michel Barnier said it was “simply impossible” for the UK to adopt its own standards and regulations while also having them recognised automatically in the EU.