The EU might be better on digital privacy right now, however the emotional winds of the political mob change often and many people in EU government feel differently. The EU is also an aging population of technologically illiterate and immigrant-afraid retirees. I wouldn’t expect much different coming from them in the future.
Most of the OP's assessment that I quoted is about the UKs failing economics
Both have collapsing demographics, collapsing social welfare systems (turns out forced government pension payments thrown into low yielding bonds for people in their 20-30s who should be 100% equities is a bad idea), non-competitive taxation policy, and decades of underinvestment in risk assets that have starved their business community of capital needed to innovate or grow.