In 2016 the UK voted to leave the European Union; one of the most damaging acts of self harm in modern political history. Recent analysis shows that, as a result of Brexit, UK GDP per capita is 6–8% lower, investment is 12–18% lower, and both employment and productivity are 3–4% lower.

If it wasn’t before, it is now clear that the promises made by the ‘Vote Leave’ campaign were simply untrue, designed to exploit a misguided desire to “take back control” stoked by sections of the media. The red bus that promised £350 million a week for our NHS if we left the EU was a tactic that, sadly, breeds cynicism in politics; one of many promises left unfulfilled by the proponents of Brexit, who promised prosperity and sovereignty but delivered economic decline and broken commitments.

Brexit has failed to fulfil its supporters’ pledge of “taking back control”, and instead had made the nation weaker. It has made weakened our economy and has hamstrung our efforts to deal with illegal boat crossings, putting vulnerable people in danger and putting money in the hands of criminal gangs.

So, I am pleased that the Prime Minister has announced that, at the UK-EU summit later this year, he is committed to strike important deals that will boost our economy, cut red tape, help our businesses grow and provide opportunities to young people denied since Brexit. The PM believes that should be the floor, not the ceiling, of our ambition, and has said he will soon set out more about the right path for Britain and the EU, including the option not only of full membership (my preference) but also of rejoining the EU’s single market and/or a customs union. It’s time to think carefully and have an informed debate about our future.’