Where I disagree is that competitiveness that comes from devaluing the currency is not a good thing in the long run. It’s a band-aid on a gaping wound.

I agree. The question is, how are elected governments to achieve that?

What nudges will get commerce and industry to effect structural changes?

Competitiveness that comes from currency devaluation generally proves to be transitory, as it defers any need for structural reform. Which means that you then need another devaluation further down the line. Then another. then another. All of which leads to rampant inflation. And lets multi-nationals, such as hmmmm say…

The rest of the EU want it over as fast as possible :
1) they are already complaining about the 3 month prep period the UK is going to take before pressing the big legalistic “Leave” button which kicks off the 24 month transition period;
2) the EU generally rides roughshod over its own rules to get the political…

It changed it’s name to “EU” in ‘92. We joined in ‘74. And yes, things were on fire in the early 70s.