Sir Keir Starmer must harness Britain’s post-Brexit freedoms to transform the country into “Singapore-on-Thames” in the wake of a global trade war launched by President Trump, Jeremy Hunt has said.
In his first major intervention since stepping down as chancellor, Hunt warned that Britain risked tipping into recession and long-term economic stagnation if it erected more trade barriers.
Instead, he has called on the prime minister to turn Britain into a low-tax nation that welcomed free trade and could thrive at a time of global instability.
Hunt has revived calls, common during the Brexit debate, for the UK to adopt Singapore’s economic model.
The former chancellor’s intervention comes as the prime minister lays the groundwork for retaliatory taxes on American imports, a move that has
