“Leadership is about confronting the great challenges. But Brexit is the biggest challenge we have faced since the second world war. So I intend to devote my speech, in four parts, to this alone.
“First, I want to explain why I voted remain – because for all its faults, the European Union has been a force for good in Europe and in the UK. I believed that our future prosperity and security, and opportunities for our young people, would be enhanced by staying in. Second, I want to explain why, nonetheless, I was something of a reluctant remainer. The truth is, there is a lot wrong with the EU. So though I voted remain, I was not starry-eyed. I was determined that, had we won, we would also fight for reform.
“Third, I want to explain why I have been trying so hard to deliver the Brexit the people voted for. It was a close result. But leave won. I felt strongly that it was my duty to deliver the only Brexit that I believed could meet the demands of the majority of leavers – out of the single market and the customs union, out of the European court of justice.
“But precisely because I have a profound sense of duty, I want to tell you the absolute truth as I see it. It cannot be done. Yes, you can shout. You can storm out. But I have looked at it every which way. And, as your leader, I have concluded that it cannot be done without enormous damage to our economy, to your living standards, to our public services, to our standing in the world. This is damage I am not prepared to inflict. The cost is too high. [Continue reading…]