The dream to turn Britain into Singapore-on-Thames is dead ...Middle East

Quartz - Economy
The dream to turn Britain into Singapore-on-Thames is dead
source : Quartz ( Middle East ) () 4
After the Brexit referendum in 2016, some Conservative politicians proposed a new vision for the UK: to turn it into a lightly taxed, lightly regulated idyll for corporations—an island that would be the world’s trading partner, rather than just the European Union’s. Look to Singapore as a model, Philip Hammond, the UK’s chancellor of the exchequer, said in 2017.Never mind that this was a misreading of Singapore, a tightly controlled, intrusive state. The Singapore-on-Thames reverie fired up the imaginations of many Brexiteers in government. Jeremy Hunt, then the UK’s foreign secretary, compared Singapore winning its independence from Malaysia in 1965 with Brexit: “There could be few better i

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