Observations

It must be said: If the above does not demonstrate a clear Brexit benefit, we don’t know what does.

The EU’s sanctions on Putin’s Russia have been delayed, flawed, compromised by internal disagreements, and ineffective. The EU27 are spending 62% more with Russia than they did before the Covid pandemic.

Yes, part of this is down to the rising cost of energy but this is no excuse, as the EU should have been weaning itself off Russian gas, oil and coal following Putin’s invasion of Crimea in 2014. It didn’t.

Conversely the newly-independent United Kingdom has been free to act – and act it has done. Putin’s Russia is now receiving only 2% of what they were receiving from the UK pre-pandemic. With the UK being the fifth-largest economy in the world this is significant.

Wars are expensive – not only in terms of people’s lives but also in the cash needed to fund them. Putin’s source of cash from Brexit Britain has virtually dried up completely.

Meanwhile Putin is still able to fund his illegal invasion of Ukraine, courtesy of more than €18bn euros per month being received from the EU27.

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