'EU sanctions' could be on cards as Brussels fear Brexit's competitive advantage

If you want a further example of how the European Union is a backwards, fading organisation then simply look at its rumblings of ‘EU sanctions’ in response to Brexit.

As The Times report, a strategy paper by the EU now looking at penalties and even blacklisting to maintain a “level-playing field” as they are worried about the UK slashing tax and regulation to make Britain more attractive for businesses.

Former MP Nick de Bois took to Twitter to point how the “anti competitive” EU threat underlined once more why the UK voted to leave the bloc.

An independent Britain governing itself and able to bin EU red tape is clearly something that has spooked those in Brussels – and has exposed once again how it is in many ways an insular, protectionist racket.