But if what you are saying is correct and pending the outcome of the FTA, the Tories have just lost my vote if they capitulate to the EU.
But look on the bright side. Brexit has given the UK control of its own laws, control of immigration, the freedom to strike trade deals on its own terms, and a free trade deal with the EU without having to pay into the EU budget.
If I were Norway I would wonder what the point of paying into the EU budget is if the UK can get the same deal without paying into it.
Let's briefly pick that last illusion apart shall we?
1- control of laws:
Domestic laws have always been under control of the EU member states
Laws affecting the working of the SM are indeed now under control, but given the evolution clause secured, it means that if the UK touches them in a meaningful way, the 'zero tariff, zero quota' are gone within 30 days....That's sovereignty on a leash, if you excuse me saying so.
2- freedrom to strike trade deals on its own terms:
Rules of origin will make it clear very soon that any British FTA will always have to be written with the pre-existing EU deal in mind, because hardly any manufactured item (except agricultural goods) from britain will be British enough to be covered only by a UK FTA.
As M. Heseltine put it: British FTA are shaddow deals of any EU deal with any third country and will evolve in synch with them.
3- no budget contributions?
But the UK pays into the budget: not in cash, but in fish catch!
London gives the right to the EU to have their fishing fleet come and fish in sovereign British waters for zero euro compensation.
If you genuinely think the UK to have the same kind of a deal than Norway has, think again.
Norway has the EU Agencies all working for them, hence it doesn't have to set them up at home at a huge cost.
The UK is scrambling to replicate everything at home, from a British medicine agency to an aviation certification agency, and at a cost many times higher than the net contribution it paid.
Benefit of scale is not just something applicable to multinationals, of course. Brexit is pretending a company is better of if it splits itself up in 2: the only time this happens if when it is forced to do so by the regulator (because of market distortion), or because it wants to sell off part of its business.