Brexit’s Bagholders: Workers Pay, Schemers Cash Out Again


Brexit’s Bagholders: Workers Pay, Schemers Cash Out Again

Lede

Brexit was sold like a national awakening and delivered like a delayed invoice shoved under the door.

What does not make sense

  • Selling “sovereignty” as the grand prize, then crawling back toward EU alignment and oversight the moment farms, exporters and supermarkets need oxygen again.
  • Calling Brexit an economic triumph while the OBR still assumes a 4 per cent long-run productivity hit and roughly 15 per cent lower trade volumes than staying in the EU.
  • Screaming “betrayal” at any repair, even though the government’s own line is that the current arrangement “isn’t working for anyone”.
  • Pretending the public wants harder separation when most Britons say Brexit has been more failure than success and most want closer ties, not looser ones.
  • Asking workers to worship disruption while the best-connected people remain the ones most able to monetise the chaos.

Sense check / The numbers

  1. The OBR says the post-Brexit settlement will leave long-run UK productivity 4 per cent lower than if the UK had remained in the EU, and that imports and exports will both be around 15 per cent lower in the long run. [OBR]
  2. In its 17 May 2025 summit briefing, the UK government said the previous Brexit deal “isn’t working for anyone” and pointed to red tape, failed exports, higher bills and holiday queues as part of the case for a reset. [Gov.uk]
  3. Reuters reported that the May 2025 UK-EU reset was presented by Britain as adding nearly GBP9 billion to the economy by 2040, against an economy of about GBP2.6 trillion. That is repair money, not a victory parade. [Reuters]
  4. YouGov found in May 2025 that 62 per cent of Britons thought Brexit had been more failure than success, 56 per cent said it was wrong to leave, 53 per cent would support rejoining, and 66 per cent wanted a closer relationship with the EU than the UK has now. [YouGov]
  5. In YouGov’s 29 to 30 March 2026 Westminster voting intention, Reform UK led on 23 per cent, Greens and Conservatives were on 19 per cent, Labour was on 18 per cent, and the Lib Dems were on 12 per cent. [YouGov]

The sketch

Scene 1: The Sovereignty Till
Panel description: A supermarket checkout shaped like a ballot box. A tired worker unloads groceries while, behind the till, suited financiers quietly siphon coins into a velvet bag labelled “opportunity”.
Dialogue:
“We took back control.”
“Lovely. Did anyone take back my wages?”

Scene 2: The Repair Shop of Treason
Panel description: A mechanic tries to patch a cracked boat marked “Brexit” while pundits in rosettes scream at him from the pavement and sell souvenir mugs saying “Still Winning”.
Dialogue:
“Don’t fix it. That ruins the myth.”
“Yes, heaven forbid the engine starts.”

Scene 3: Empire Re-enactment Society
Panel description: Politicians in miniature admiral uniforms pose on a small island podium, waving maps and speeches, while a practical bridge to Europe is being rebuilt quietly behind them by exhausted workers.
Dialogue:
“Britain stands alone.”
“It can barely stand its paperwork.”



What to watch, not the show

  • Trade friction falling hardest on goods exporters and smaller firms, while better-insulated sectors cope more easily.
  • Dynamic alignment returning through the side door because reality does not care about referendum cosplay.
  • Media nostalgia functioning as a business model long after the policy has stopped making economic sense.
  • Electoral fragmentation rewarding noise merchants, even while public opinion shifts toward closer ties with Europe.
  • Donor and brand incentives that treat national decline as a monetisable subscription product.

The Hermit take

Brexit is no longer a plan. It is a franchise.
Workers deserved an economy. They got a sermon and a surcharge.

Keep or toss

Keep / Toss
Keep the practical repair.
Toss the patriotic snake oil, the nostalgia cosplay, and the permanent grift built on workers paying for elite mistakes.


Sources

  • Keir Starmer is plotting ‘new Brexit betrayal’ on the tenth anniversary of Britain’s historic vote to leave the EU: https://www.dailymail.co.uk/news/article-15702081/Keir-Starmer-plotting-new-Brexit-betrayal-tenth-anniversary-Britains-historic-vote-leave-EU.html
  • Office for Budget Responsibility – Brexit analysis: https://obr.uk/forecasts-in-depth/the-economy-forecast/brexit-analysis/
  • Office for Budget Responsibility – How are our Brexit trade forecast assumptions performing?: https://obr.uk/box/how-are-our-brexit-trade-forecast-assumptions-performing/
  • GOV.UK – UK-EU Summit, 17 May 2025: https://www.gov.uk/government/news/uk-eu-summit
  • Reuters – UK strikes EU trade and defence reset in ‘new era’ for relations: https://www.reuters.com/world/uk/hold-britain-poised-reset-trade-defence-ties-with-eu-2025-05-18/
  • Reuters – UK’s Starmer calls for closer Europe ties as Iran war strains US relations: https://www.reuters.com/world/uk/uk-requires-closer-eu-partnerships-due-volatile-world-starmer-says-2026-04-01/
  • House of Commons Library – Resetting the UK’s relationship with the European Union: https://commonslibrary.parliament.uk/research-briefings/cbp-10207/
  • YouGov – Britons back closer relationship with Europe as UK and EU reset relations: https://yougov.com/en-gb/articles/52211-britons-back-closer-relationship-with-europe-as-uk-and-eu-reset-relations
  • YouGov – Voting intention, 29-30 March 2026: Ref 23%, Grn 19%, Con 19%, Lab 18%, LD 12%: https://yougov.com/en-gb/articles/54444-voting-intention-29-30-march-2026-ref-23-grn-19-con-19-lab-18-ld-12

Satire and commentary. Opinion pieces for discussion. Sources at the end. Not legal, medical, financial, or professional advice.

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Satire and commentary. My views. For information only. Not advice.


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