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Trade secretary Liam Fox says No Deal Brexit ‘wouldn’t be a disaster’

TRADE Secretary Liam Fox risked undermining the Prime Minister yesterday by insisting a No Deal Brexit “wouldn’t be a disaster”.

The Brexit-backing Cabinet Minister also said reactions to the doom-laden forecasts earlier this week on the economic pain Brexit would cause had been “completely overblown”.

Liam Fox is positive about a No Deal BrexitAFP

It came as the Prime Minister warned Tory rebels threatening to vote down her Brexit deal on December 11 they could cost their own constituents’ their jobs.

Speaking in Argentina she said her deal was the best to protect the economy- and there was “no alternative” on the table.

The Sun earlier this week revealed fears the Government will lose by 200 votes – plunging No.10 into chaos.

The Bank of England on Wednesday warned a disruptive No Deal could plunge the country into the biggest recession since the 1930s.

PM Theresa May at the G20 with Juncker and MacronRex Features

But speaking in Bristol yesterday, Dr Fox insisted that while a No Deal – leaving the EU in March without new trading arrangements in place – wouldn’t be a “walk in the park” but neither would they be disastrous.

He said: “I think, as Roberto Azevedo, director-general of the World Trade Organisation, said, it wouldn’t be a disaster, but it wouldn’t be a walk in the park either.

“I think that the reactions to some of the Treasury analysis have been completely overblown.”

Liam Fox is one of a handful of Brexiteers left in the Cabinet alongside Environment Secretary Michael Gove.

Liam Fox and Michael Gove are backing the PMAFP

Mr Gove...

Comments

  1. Unknown1 December 2018 at 05:05

    slporchester: would you trust these two with honouring their Brexiteer promises?

    ReplyDelete
  2. gnasher2 December 2018 at 15:32

    Would you buy a second hand car from any of them/

    ReplyDelete

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