BRITAIN can look forward to a post-Brexit windfall worth a staggering £135billion after leaving the European Union, according to a new report.
The Economists for Free Trade group said Brexit will be “overwhelmingly positive” for the British economy provided the Government adopts the right policies.
The findings are sharply at odds with most mainstream economists who have warned the UK faces lower growth and more pressure on the public finances as a result of the vote to leave.
But at the report’s launch on Tuesday, the pro-Brexit Tory MP Jacob Rees-Mogg will say official forecasts are based on “false assumptions” of the Treasury and that the outlook for the public finances is “much better” than the Office for Budget Responsibility is predicting.
The EFT – headed by Professor Patrick Minford – said the priority for the Government should be to bring down trade barriers with the rest of the world once Britain has left the EU while reducing the burden of regulation and taxation on firms and individuals.
To read the Daily Express’s report in full, click here.