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That's not something I know enough about to comment, but what you say sounds plausible. More to the point I thought it was a pipe dream to even entertain that as an outcome.
@JWestland - no idea.
TBH at this point even using terms like, Tories, Conservatives or *c*onservatives is becoming a bit meaningless.
The couple of economicly right, small government, pro Brexit people I know are not exactly jumping for joy over the current rhetoric. Not being able to hire who you want and being forced to list the nationality of employees then reporting it to the State is hardly "cutting red tape" or "letting the market decide".
Are we?
10% flat rate IT, close to 0% CT, market deregulation, and positioning ourselves as the Singapore of Europe, etc. is what one of the few leave voters I knew was after.
I'd say we're getting an authoritarian exit.