Who’s up to the challenge of restoring Britain's prosperity?
In 1956, Malta held a referendum on joining the United Kingdom. Since the islands were economically reliant on the Royal Navy, it was unsurprising that three-quarters of those voting believed their future lay in integrating with their colonial masters. But after a lukewarm response from the British government, the referendum result was never implemented and Malta instead hastened towards independence. Seven decades on, it seems the Maltese had a lucky escape. The Centre for Economics and Business Research (CEBR) has declared that Malta’s living standards will overtake Britain’s by 2035. It cites Malta’s low taxes and pro-enterprise culture, which are especially attractive for the wealthy Britons fleeing a country that