Are the few posters impressed by Andrea aware of her trade model for the UK? I've posted some of this on another thread, and thought it worth repeating here.
She wants to rip our entire current trading model and start again. She claims we're going to "set up tariff free trade with the 80% of the world that is not in the single market"; and "our friends in the EU will need, for the sake of their own jobs and businesses, to continue to trade tariff free with us." Within two years she says.
So that will be either on the Canadian or the general WTO model.
It's taken Canada 7 years to negotiate its world trade deal CETA and it's not yet finished. We have a lot more complicated EU ties than Canada.
We'd be out of the single market, so no free movement, so companies like Vodafone - who have stressed their need for freedom of movement for people, capital and goods - will leave.
She seems sure we'll get regulatory equivalence for financial services including passporting rights which mean that British banks can provide services across the EU from the UK but this is by no means certain - Switzerland and the U.S. do not have passporting rights. She doesn't appear concerned if we don't if we don't get them as she said "most large financial services businesses either already have a subsidiary in another member state or could quickly and cheaply create one". This would mean banks would have to relocate sections outside the UK with the loss of jobs.
Brexit's negative economic impact was widely forecast across the UK and across Europe, from the IMF, BoE, OECD, IFS, Oxford Economics, NIESR, EIU, PwC reports, from the city, business etc. In contrast, Leadsom claimed that a recession was 'barely credible'. Well, the signs thus far indicate that is where we are headed...
Either way, her plan is a step into completely unchartered waters - do you really want to take the risk that Leadsom is wrong?