In the Media

The Sun: ‘CRYING WOLF’ Fury as Bank of England boss Mark Carney claims Brexit has cost every UK household £900

May 23, 2018

Pro-Brexit economist Patrick Minford added: “It is a relief that Mark Carney is retiring, as he seems incapable of understanding the Brexit process.”

Daily Express: Carney ‘crying wolf’ on EU exit cost

May 23, 2018

Former Brexit minister David Jones said of Mr Carney, who is stepping down next year: “His downbeat attitude appears to be the product of his clear personal disappointment at the outcome of the referendum. He really should get over it.”

The Times: ‘Brexit costs households £900 a year, says Carney’

May 23, 2018

Patrick Minford, chairman of the pro-Brexit group Economists for Free Trade, accused Mr Carney of being incapable of understanding the Brexit process and said he hoped that the next governor would “stop playing politics”.

BBC Daily Politics: Why we must remain vigilant against Brexit backsliding

May 22, 2018

Watch EFT Adviser Jacob Rees-Mogg warn why we must remain vigilant against any backsliding on Brexit.

BrexitCentral: A no-deal Brexit with UK-EU trade on WTO terms is the best hope for Brexiteers

May 21, 2018

Where is the leadership? How much of a laughing stock are our leaders prepared to be? There has been no talk on trade after two years. There is no clarity we are leaving, still hobbled by the siren customs union – EFT Adviser John Longworth

Daily Telegraph: Remainers exploit myths about the Irish border

May 21, 2018

Unionists have every right to expect that what’s in the Agreement is honoured, rather than fantasies about it being cynically and recklessly exploited by Remainers – EFT Adviser Owen Paterson

BBC Any Questions: The British electorate will be just as concerned as I am if Brexit does not mean Brexit – Jacob Rees-Mogg

May 18, 2018

Listen to EFT Adviser Jacob Rees-Mogg on BBC Radio 4’s Any Questions, explaining why the British electorate will be just as concerned as he will be if Brexit does not mean Brexit.

South China Morning Post: Traits that made Britain great will serve it well again, post Brexit

May 17, 2018

The European Union, born out of a destroyed Europe and an undeveloped globe, has served its purpose and now weighs as a drag anchor on Britain, which has all the potential to be a high-growth, hi-tech nation, set free from the shackles of the EU regulatory burden – EFT Adviser John Longworth

City A.M.: The secret bailout system the EU doesn’t want you to know about

May 17, 2018

In short, Target2 has become a giant credit card for Eurozone members that import more than they export to other members. But note two key differences compared with a normal credit card: the interest rate charged is zero, and the loan never needs to be repaid – David Blake

Remainer MPs in Leave seats who fail to back a clean Brexit will damage democracy – Owen Paterson at PMQs

May 16, 2018

Watch EFT Adviser Owen Paterson on his return to Prime Minister’s Questions, where he warns that Remainer MPs in Leave constituencies who fail to back a clean Brexit will do lasting damage to our democracy.

The Times: May must get tough with Lords to stop the Brexit meddling

May 16, 2018

If the Lords are really determined to frustrate Brexit, there may be only one option left to the prime minister: to get the monarch to threaten to create 100 new peers – EFT Adviser Matt Ridley

Daily Express: ‘Walk away!’ City of London chief urges Theresa May to issue EU Brexit ultimatum

May 15, 2018

Businesses in the City say they want a deal. It happens to also be of benefit to the EU. It’s win-win. So what are we actually asking for in return for our £40bn money – which we don’t owe? – Barney Reynolds

Daily Telegraph: Our PM must show leadership and ditch any form of customs union

May 14, 2018

The case for remaining in the EU in some shape or form increasingly reminds me of one of those creatures from Greek mythology that can grow umpteen heads. As soon as you have chopped one off, another appears – Roger Bootle

BrexitCentral: How the Civil Service has misled us about the costs of Brexit and the Customs Union

May 14, 2018

Thus, the Civil Service effectively is arguing for the reversal of Brexit in one major dimension, namely the EU Customs Union. This argument has gone hand in hand with the argument that senior civil servants have apparently made for a New Customs Partnership that, in practice, amounts to the EU Customs Union in all but name – Patrick Minford

Sunday Telegraph: PM must tell UK what customs union costs

May 13, 2018

Being inside the customs union costs Britain billions of pounds each year. UK shoppers overpay for non-European imports, due to common external tariffs protecting inefficient producers elsewhere in the EU. Four fifths of these revenues go to Brussels – Liam Halligan

BrexitCentral: “MaxFac” will solve the Irish question and ensure we leave the Customs Union

May 13, 2018

MaxFac works, given the correct technology and policy decisions – and what’s more, an interim solution can be ready for March 2019, whether or not there is a transition period, whether or not we have “deal or no deal” – EFT Adviser John Longworth

BrexitCentral: How Brexit warped the minds of otherwise sane economists

May 11, 2018

What is undeniable and worrying is the flawed and downward-biased pessimism of the official and corporate economist consensus, which the FT’s Chris Giles for some extraordinary reason is determined to defend – Patrick Minford

BBC Daily Politics: Why we must not remain in the customs union – Jacob Rees-Mogg

May 10, 2018

Watch EFT Adviser Jacob Rees-Mogg explain why we must not remain in the EU customs union, as it would be a “dramatic failure of Government policy”, and highlight exactly why food prices will fall once we leave the protectionist customs union.

The Sun: We’ve paid shameless EU £16billion in tariffs for non-EU goods — and we should scrap the NCP

May 08, 2018

Britain has more chance of securing valuable consumerfriendly agreements negotiating alone with big nations — as Switzerland did with China in 2014. London can cut deals favouring sectors where we are strong, such as services, not skewed towards French and German interests, as EU deals often are – Liam Halligan

City A.M.: For a win-win financial services Brexit deal, a reboot is needed

May 08, 2018

So now the UK must make clear that it expects to have mutual access for financial businesses through the mutual recognition of standards. This would benefit everybody, giving EU consumers a continuation of the status quo and the lowest priced access to capital – Barney Reynolds

Sunday Telegraph: New Customs Partnership is ‘unworkable’

May 06, 2018

NCP means accepting many EU single market rules and European Court of Justice jurisdiction. The Byzantine complexity, and need to pay higher EU tariffs then hopefully get a refund, would discourage non-EU nations from signing post-Brexit UK trade deals – jeopardising a major benefit of leaving – Liam Halligan

Daily Telegraph: Desperate Remainers are showing contempt for the British people

May 05, 2018

Olly Robbins, the Brexit Sir Humphrey in Chief, has popped up again like the scorned “bunny boiler” of Hollywood fame with another whizzy scheme to stop Brexit – EFT Adviser John Longworth

BBC Radio 4 Today Programme: The ‘customs partnership’ is the single market by another name – Jacob Rees-Mogg

May 02, 2018

Listen to EFT Adviser Jacob Rees-Mogg argue on BBC Radio 4’s Today programme how the Prime Minister’s fudge of a ‘customs partnership’ is “the single market by another name”.

Daily Telegraph: Remaining in customs union is Brexit in name only

May 02, 2018

Goods and people can move across borders just as smoothly after we leave the EU customs union, provided the Brussels autocrats aren’t allowed to dictate our future – EFT Adviser John Longworth

Daily Express: No-deal divorce ‘could net UK £651BN haul’ and hit EU with devastating loses

May 01, 2018

In his latest economic report, titled ‘The Economics of Brexit: Getting the Best Deal for the UK’, Professor Minford stresses “it could not be more open and shut who leasts wants a breakdown” of negotiations.

BrexitCentral: The economic consensus on Brexit has got it all wrong

May 01, 2018

Whichever way you slice it, the economic consensus has got it wrong, with wrong modelling and incredible policy assumptions. My team and I may be outliers, but only because the rest have in common been in serious error – Patrick Minford

BBC Daily Politics: EFT Adviser David Jones explains why we must leave the customs union

Apr 26, 2018

Watch EFT Adviser and former Brexit Minister David Jones on the BBC’s Daily Politics, explaining why we must leave the customs union.

Standpoint: Project Fear was £100 billion out

Apr 26, 2018

Perhaps there was a mixture of malice and ignorance, of wicked politics and trashy economics, and that — as usual with other policy blunders in recent decades — it was more cock-up than conspiracy – EFT’s Tim Congdon

City A.M.: The EU “customs partnership” is one of the most half-baked ideas in economic history

Apr 26, 2018

Imagine Liam Fox telling an American or Australian trade negotiator that they would have to pay the CET and then claim back a refund. The fact that Whitehall came up with such a plan is deeply disturbing and makes one fear what the officials might do next – Graeme Leach

‘Is there a risk that the UK will have to stay in the customs union?’, Jacob Rees-Mogg asks David Davis

Apr 25, 2018

Watch EFT Adviser Jacob Rees-Mogg ask Brexit Secretary David Davis whether there is a risk that the UK will have to stay in the EU customs union.

Patrick Minford and David Blake discuss the economic effects of trade policy

Apr 24, 2018

Listen to EFT’s Patrick Minford and David Blake discuss the economic effects of trade policy before the House of Commons’s International Trade Select Committee.

BrexitCentral: Theresa May should accept the EU’s offer of a Canada-style deal and claim a diplomatic triumph

Apr 24, 2018

A Canada-style deal would allow for the free movement of the vast majority of goods and agricultural products and would enable us to leave both the Single Market and the Customs Union – EFT Adviser John Longworth

Daily Telegraph: After Brexit, the UK should explore the ‘Commonwealth advantage’

Apr 23, 2018

Most UK exports to the EU are going to continue post-Brexit, and even to grow. It is just that they are likely to grow more slowly than exports to other countries, including the Commonwealth – Roger Bootle

Daily Mail: PROJECT FEAR GOT ITS SUMS WRONG…TO TUNE OF £100BN!

Apr 23, 2018

The then-Chancellor released a series of Doomsday predictions, backed by ‘Treasury analysis’ to make the case against Brexit. But Mr Congdon, founder of the City firm Lombard Street Research, and a member of the Economists for Free Trade group, said Mr Osborne’s predictions had proved woefully wrong.

Daily Telegraph: Project Fear’s Brexit predictions were wrong by £100 billion, new report says

Apr 23, 2018

Mr Osborne’s “scary rhetoric about a return of the Great Recession now looks preposterous,” said the study’s author, Timothy Congdon, a leading economist.

The Sun: GEORGE IS SUM DUNCE – Project Fear’s Brexit predictions of financial doom were out by a huge £100billion

Apr 23, 2018

The paper by Timothy Congdon, a world leading monetary analyst, member of Economists for Free Trade, and founder of City firm Lombard Street Research, describes Project Fear as a “gross miscarriage of government”.

Sunday Telegraph: Commonwealth is the key to a trade boom

Apr 22, 2018

The EU, for instance, has no free trade agreement with India or Brazil, because continental farmers are determined to protect agriculture at all costs. Released from the absurdly rigid Common Agricultural Policy, Britain can strike deals with such nations to mutual advantage – Liam Halligan

Sunday Express: Project Fear got its sums WRONG by £100 BILLION, economist claims

Apr 22, 2018

TREASURY predictions during the Brexit campaign were wrong to the tune of £100billion, according to a report which accuses former Chancellor George Osborne of overseeing a “gross miscarriage of government”.

Letter to the FT Editor: UK exports to the EU do not exceed global trades

Apr 20, 2018

Read the letter to the Financial Times Editor from EFT’s John Whittaker, stating the point that UK exports to the EU do not exceed global trades.

Daily Telegraph: Don’t let the Brexit wreckers take us back to medieval times: freedom from any Customs Union is vital

Apr 19, 2018

The recent actions of their Lordships is a precursor to what is going to be a major battleground in respect of Brexit and is part of a determined attempt by Remainers to force the UK into some form of Customs Union (CU) arrangement with the EU – EFT Adviser John Longworth

Ignore North London’s luvvies, we need to be free of an EU customs union – Matt Ridley

Apr 18, 2018

Watch EFT Adviser Matt Ridley tell the House of Lords to ignore North London’s luvvies and unshackle ourselves from the EU’s protectionist prison of a customs union.

Daily Express: UK can cut immigration after Brexit – and THIS is how

Apr 14, 2018

Professor Minford said Government officials already found an effective measure to curb the number of EU immigrants, especially the unskilled ones: “Giving the same rights to EU and non-EU workers means cutting the rights of EU ones to receive state benefits immediately after their arrival. Following this, the labour market could react to the lack of subsidy and bring more investments of UK-based unskilled workers.”

BrexitCentral: The simultaneous push for post-Brexit regulatory alignment from the CBI and Michel Barnier is shameless – and wrong, of course

Apr 12, 2018

I suppose it must be expected that the CBI – which should be re-named the Confederation of Brussels Influence – would choose to publish a report just before the Brexit technical talks commence in earnest, seeking to undermine our government’s negotiating position and thus damage the nation’s prospects, in order to feed the narrow, vested interests of multi-nationals – EFT Adviser John Longworth

Daily Express: ‘The loser will shout loudest’ Roger Bootle has a go at Remainers for THIS reason

Apr 09, 2018

BREXIT-backing and leading economic Roger Bootle has blasted experts and institutes publishing “biased” reports on the future of the UK after March 2019 as he advised not to seek guidance from “losers” as they “will shout the loudest”.

Daily Telegraph: Don’t listen to those who shout loudest when it comes to the economics of Brexit

Apr 09, 2018

Thankfully, we do have at least one model that is different from the wodge of group think models so beloved of the economics establishment. The model developed by Prof Patrick Minford and used in the work of the group called Economists for Free Trade, (EFT), of which I am a member, comes up with positive economic effects from Brexit – EFT’s Roger Bootle

Daily Express: ‘Complete madness’ Brexiteer MOCKS these EU rules UK can free itself from post-Brexit

Apr 05, 2018

Britain, in a deregulated environment will demonstrate that the British people are actually better not having that Orwellian Big Brother state loaded on them. Brussels fear that massively because if Britain thrives and prospers after leaving the EU in a deregulated environment it will demonstrate how bad the EU is – EFT Adviser John Longworth

BrexitCentral: Ministers must urgently ramp up engagement with trade associations to get more British firms exporting

Apr 03, 2018

DIT will have to form a new, rather special relationship with one set of business stakeholders who barely rate a mention on their website: trade associations. – EFT’s Michael Burrage

Sunday Express: Brexit Spring has arrived and Brussels’ fear is palpable

Apr 01, 2018

Just like the Spring of nearly 200 years ago, the removal of EU­ imposed tariffs will considerably reduce the cost of food, clothing, footwear and consumer goods for the people of our country – EFT Adviser John Longworth

Sunday Telegraph: Remoaners’ excuses are not on the money

Apr 01, 2018

The Remoaner rump at the heart of our establishment needs to grow up and accept the result. Our democracy is far more important than what they think they know – about the international trading system, about this nation’s future economic path and about the true views and preferences of the British public – EFT’s Liam Halligan

The i: One year to go: A Brexit supporter on what’s going wrong with Brexit

Mar 29, 2018

In any event, as long as our government adopts the right policies given our post-Brexit freedoms, on investment, tax, regulation, tariffs, trade and agriculture, our economy will boom, the tax take will rise and the cost of living for hard working people will fall – EFT Adviser John Longworth

Daily Express: Why is the Government talking about a Brexit transition period at all?

Mar 29, 2018

Britain should have declared for global free trade under WTO rules, defined our post-Brexit economic model to give business and investors confidence and invited the EU to talk trade if it wished to. No need for any transition – EFT Adviser John Longworth

Jacob Rees-Mogg speaks at ‘Brexit: One Year To Go’

Mar 27, 2018

Watch EFT Adviser Jacob Rees-Mogg set out our vision of the economic benefits of Brexit at a speech for our friends at Leave Means Leave.

The Sun: Why all le fuss? Soon we’ll have a passport to the global economy

Mar 27, 2018

Having voted for Brexit, I fully understand the case for leaving the European Union is based on regaining control of our laws, borders and money. But it also rests on the need for the world’s fifth-biggest economy to conduct much more overseas trade, staying as open as possible to commercial and investment ties with our European neighbours and the rest of the world too – Liam Halligan

The Times: Remainers are undermining Brexit talks and damaging Britain

Mar 27, 2018

We have agreed to delay Brexit by nearly two years and become a vassal state of the EU for at least that interregnum. For the privilege of having no say in EU affairs but being a rule taker, the UK taxpayer will hand over to the EU the equivalent of our Second World War debt. You could not make it up! – EFT Adviser John Longworth

Can the Prime Minister give reassurances that the UK will be out of the single market, customs union and any ECJ jurisdiction?

Mar 26, 2018

EFT Adviser Jacob Rees-Mogg asks the Prime Minister for reassurances that when the UK leaves the EU, we will be out of the single market, customs union and ANY jurisdiction of the European Court of Justice.

City A.M.:After Vince Cable’s embarrassing claims about EU leaders, have the Liberal Democrats had it?

Mar 26, 2018

There have been some pretty big lies and exaggerations surrounding Brexit…The Lib Dems may not be finished as a party, but their credentials as liberal or democratic are certainly at an end – EFT Adviser John Longworth

Sunday Telegraph: FAILED CLEAN BREXIT WOULD BE BIGGEST 
’NATIONAL HUMILIATION’ SINCE THE SUEZ CRISIS, MPS WILL WARN

Mar 25, 2018

“What would that mean for this nation? If we were not to leave, if we were to find a transition bound us back in? Well it would be Suez all over again. It would be the most almighty smash to the national psyche that could be imagined.” – EFT Adviser Jacob Rees-Mogg

Sunday Express: SOFT BREXIT WILL BE BIGGEST ‘NATIONAL HUMILIATION SINCE SUEZ CRISIS’ WARNS MOGG

Mar 25, 2018

“It would be an admission of abject failure, a view of our politicians, of our leaders, of our establishment that we were not fit, that we were too craven, that we were too weak to be able to govern ourselves and that therefore we had to go crawling back to the mighty bastion of power that is Brussels.” – EFT Adviser Jacob Rees-Mogg

Sunday Express: Stay awake to transition, says JACOB REES-MOGG MP

Mar 25, 2018

Reversing Brexit would be abandoning something worthy because the establishment does not like it. In the referendum 2.8 million people voted who never normally do so – EFT Adviser Jacob Rees-Mogg

Daily Express: ‘It’s nonsense’ THIS is how much it REALLY costs the UK to remain in the EU customs union

Mar 24, 2018

Macroeconomist Professor Patrick Minford, chair of the Economists for Free Trade group, dismissed the IFS numbers as “wrong” as he said they failed to consider crucial aspects related to the tariffs imposed by the EU. Economists for Free Trade calculated the gain the UK will have from leaving the customs union will amount to four percent of the GDP – roughly £80 billion.

The Times: We must learn from our mistakes when negotiating the sublime heaven of Brexit

Mar 23, 2018

It is a pity that the Government’s preparatory work for leaving as a result of the EU27 being unable to reach one big overarching deal with us is not more visible. This risks sending a false and misleading signal to those we are dealing with, and is therefore a mistake – EFT Adviser Jacob Rees-Mogg

Daily Telegraph: The Irish people should not let themselves be manipulated by Brussels

Mar 23, 2018

My plea to the people of Ireland is: do not let your politicians be used as useful fools by the EU, who will undoubtedly abandon you as soon as their work is done.

BrexitCentral: Can the EU step up to a win-win Brexit outcome in financial services?

Mar 21, 2018

A competitive City of London is essential to provide low-cost growth capital to EU businesses and to finance consumers’ lives – EFT’s Barney Reynolds

Express & Star: Free trade post Brexit will help UK ‘flourish’; Ex-Thatcher aide says West Midlands well placed to benefit

Mar 20, 2018

Professor Patrick Minford said the region’s manufacturing and service industries would blossom once the UK leaves the ‘poor old EU’. He said others would become ‘far richer’ thanks to controlled immigration, bigger wages and lower prices on the high street.

Daily Express: Iconic British firm reveals SHOCK sums it sends to Brussels and heralds Brexit LIBERATION

Mar 20, 2018

Mr Mason told the BBC Radio 4’s Today programme that scrapping the tariffs would not only benefit his company but also consumers – an idea backed by economist Patrick Minford.

BBCR4 Today Programme: Cutting tariffs will reduce the cost of food by 20 per cent – Patrick Minford

Mar 20, 2018

Listen to EFT Chairman Patrick Minford comment in a debate on cutting tariffs on BBC Radio 4’s Today programme. After we leave the EU, we can cut tariffs and reduce the cost of food by some 20 per cent.

The Guardian: Scrapping EU tariffs would do little to cut UK prices – thinktank

Mar 20, 2018

Prof Patrick Minford, who leads the pro-Brexit Economists for Free Trade group of academics, criticised the findings of the IFS report, which was funded by the group UK in a Changing Europe. He said abolishing import tariffs could lower consumer prices by 8% and boost economic output.

Daily Telegraph: Putin may leave UK in the cold but our economy can ride out a storm

Mar 19, 2018

The UK’s economy is about 70 per cent larger than Russia’s, despite having very little energy or mineral wealth compared with Russia, and despite having only about half the population – Roger Bootle

FT: Boldness in Business person of the year: Sir James Dyson

Mar 16, 2018

“As we expanded more and more globally, I realised Europe was a bad thing, not a good thing, for us,” he says. Dyson has “expanded heavily in China” and Asia-Pacific has become by far its biggest region. “We’ve expanded in Europe, but Europe is a shrinking part of the world for us and I would suggest for everybody.”

Daily Telegraph: Low-key speech welcome but missed boat on Brexit

Mar 14, 2018

“Britain is happy to trade with the EU under no deal,” Hammond should have said. “And we will be completely ready for no deal, if that’s what transpires.” An update on such preparations would also, I believe, have been welcomed by all but the most ardent Remain voters in the UK – that is to say, the vast majority.

Daily Telegraph: It is time to ignore our economic Eeyores and celebrate falling debt

Mar 14, 2018

Even on the OBR’s more pessimistic view, it was particularly cheering to hear from Hammond that public debt is now falling. Of course, the Government is still running a deficit, albeit now only at about 2pc of GDP, down from 10pc in 2010. Accordingly, the absolute amount of debt is still rising. As a share of GDP, though, it is falling from this year onwards.

Standpoint: The new Project Fear shames Whitehall

Mar 13, 2018

Claim and counter-claim about Britain’s economic future outside the European Union have led to bewilderment. Undoubtedly, the scariest short-term forecasts in Project Fear have been refuted and, in that sense, the Leavers have won the opening stages of the debate – EFT’s Tim Congdon

BrexitCentral: Let’s stick to the facts on the economy: the Treasury, Bank of England and IMF were wrong

Mar 13, 2018

There is an opportunity for the otherwise gloomy Chancellor of the Exchequer to highlight a “Brexit dividend” of an extra £25 billion per year in spending when we exit the EU as EFT’s recent report makes abundantly clear – EFT’s Neil MacKinnon

Daily Telegraph: Spring Statement going looks good, but don’t bet on big announcements

Mar 12, 2018

I cannot see the Chancellor, acting as the OBR’s mouthpiece, doing a complete about-face tomorrow and returning to the previous more optimistic forecasts – Roger Bootle

The Sunday Telegraph: Chancellor urged to reward loyalty of businesses and workers as Spring Statement approaches

Mar 11, 2018

Professor Patrick Minford, the group’s chairman, said: “We are nearing the end of austerity and the Government should now look to reward hard-working British people and businesses with tax cuts and investment in key public services.”

The Sun on Sunday: SPEND OF AN ERA

Mar 11, 2018

A report by Economists for Free Trade says predicts a surplus of £25 billion a year by 2020. It is enough to cut the 45p tax rate and invest £14billion on key public services. The report says: “A Brexit dividend from 2020 would begin to reduce the strains in the public sector and also give a useful boost to competitiveness.”

Sunday Express: Brexit BOOST expected as experts predict tax cuts

Mar 11, 2018

EFT, which correctly predicted the Treasury and the Office for Budget Responsibility would have to revise their figures, says from 2020 the Treasury will have a surplus of more than £25billion a year and rising to play with.

Daily Star: Brexit Britain heading for HUGE tax cuts and spending BONANZA

Mar 11, 2018

Professor Patrick Minford, EFT chairman, said: “The UK economy is doing extremely well following the Brexit vote and there are huge economic opportunities that are only possible because of the vote to leave the EU.”

The Sunday Telegraph: Now is not yet the time to spend

Mar 11, 2018

Yes, our budget deficit is now low. That’s a big achievement. This column has often (rhetorically) kicked George Osborne in the shins. I’d like now to congratulate the former chancellor, and his successor. Managing the finances of the world’s fifth biggest economy is harder than writing articles about those finances – Liam Halligan

Daily Express: Leave Means Leave chief reveals how Brexit could be completed THIS YEAR

Mar 09, 2018

If we offer the European Union a Canada-style deal, perfectly legitimate between two sovereign states because there is already one on the shelf between Canada and the EU, we will cover 98 percent of goods and 92 percent of agriculture. Britain could do even better than that in any deal that we put forward – EFT Adviser John Longworth

Daily Express: ‘Hypocrisy’ Fury after Luxembourg PM lectures UK on free trade behind ‘protectionist zone’

Mar 08, 2018

Graeme Leach of the Economists for Free Trade criticised Mr Bettel for his comments. He said: “Yet again we see EU politicians failing to practice what they preach. Luxembourg lies right at the heart of the world’s biggest protectionist zone, and yet their PM is lecturing the UK on free trade. The PM’s comments combine hypocrisy with a lack of any sense of reality.”

BBC Daily Politics: Leaving the customs union could reduce food prices by between 6 and 20 per cent – Warwick Lightfoot

Mar 08, 2018

Watch EFT’s Warwick Lightfoot debate Brexit’s affect on prices with the New Economics Foundation’s chief executive Miatta Fahnbulleh.

Daily Telegraph: Thousands of firms have been left voiceless on Brexit

Mar 06, 2018

The greatest distortion of opinion has been perpetrated by the CBI. A well-funded think tank made up of a vast army of bureaucrats, they bounce policy proposals off panels made up almost exclusively of multinationals and off the president’s committee – the president, of course, being a card carrying Remainer.

ConservativeHome: Despite all the forecasts of doom, Brexit is not a ‘darkest hour’ for the UK

Mar 05, 2018

I have found it interesting to note the number of people, and particularly women, praising Theresa May for having to stand up to all the EU flak and downright rudeness. I am a ‘Thatcher Conservative’, and I perceive the Prime Minister as a ‘Macmillan Conservative’ but who is a decent and brave woman – EFT Adviser Lord Flight

Is it right for the European Commission to behave in such a high handed fashion?, asks Jacob Rees-Mogg

Mar 05, 2018

Watch EFT Adviser Jacob Rees-Mogg ask the Prime Minister whether it is right for the European Commission to behave in such a high handed fashion over Brexit and the Irish border.

ConservativeHome: Why we must all now ready ourselves for no deal – and WTO terms

Mar 05, 2018

Given that the Prime Minister does understand the EU’s principles, I have no doubt that she is ensuring that all necessary steps are now being taken to ensure a smooth departure from the EU and an inevitable future trading relationship on WTO terms if the trade deal proves impossible – David Jones

Sunday Telegraph: Campaign to reverse Brexit is in full swing

Mar 04, 2018

The campaign to reverse Brexit is now in full swing, as political and corporate interests determined to upend the 2016 referendum seek to renege on the biggest expression of democracy in British history – Liam Halligan

BrexitCentral: The Mansion House speech was a defining moment on the path to successfully delivering Brexit

Mar 04, 2018

The EU have been so belligerent and condescending, and so incompatible with our nature as a nation, that it doubly reinforces the rightness of our decision to leave – EFT Adviser John Longworth

BrexitCentral: The Government needs to spend money now on post-Brexit preparations, deal or no deal

Mar 02, 2018

We cannot assume – indeed, it would be irresponsible to do so – that the current negotiations will achieve a satisfactory conclusion – EFT Adviser and former Brexit Minister David Jones

Daily Express: Britain is NOT alone in wanting sovereignty back, says ANDREA HOSSÓ

Mar 02, 2018

The EU edifice is brittle and torn apart by increasing economic and political tensions amongst its three major regions of conflicting interests and priorities: Northern, Southern and Central Europe.

The Times: Brexit could work wonders for free trade

Mar 02, 2018

If this argument sounds familiar it’s because it was used last week by the pro-Brexit lobby group Economists for Free Trade to explain why we could be even stronger outside the EU than inside. Such arguments are portrayed as entirely reasonable when they come from the IMF, but the Brexiteers’ forecasts were met with widespread ridicule…their logic was perfectly sound.

Daily Express: BRITAIN IS NOT ALONE: Economist hails UK’s European allies in attack on ‘FALSE’ EU unity

Mar 02, 2018

Writing for the Daily Express, Andrea Hossó, who is a member of the pro-Brexit Economists for Free Trade, said that the EU 27’s image of unity on Brexit is “false” and that her native Hungary and other central European states sympathise with the desire to break away from a super state.

Daily Telegraph: A market-regulated economy is far from Davis’s ‘Mad Max’ dystopia

Mar 02, 2018

The Government shouldn’t blithely commit to “high standards”, or tougher regulations, then but try to obtain good economic outcomes. Yes, state regulation and legal frameworks are needed in many areas. But often government regulation, including that emanating from the EU, has perverse or damaging consequences – Ryan Bourne

City A.M.: The Irish border scuffle could be turned to the UK’s advantage in Brexit negotiations

Mar 01, 2018

The idea that every crossover point between Northern Ireland and the Republic would need to be manned, with mandatory searches, is a complete and utter fiction. But that mental picture is being used to scare us – Graeme Leach

The biggest loser from no sensible agreement will be Ireland – Jacob Rees-Mogg

Feb 28, 2018

Watch EFT Adviser Jacob Rees-Mogg point out to the House of Commons that, if no sensible agreement is reached, the biggest loser will be Ireland. Is the Irish Prime Minister willing to sacrifice the Irish economy on the high altar of European political integration?

BBC Radio 4 Today Programme: The EU is behaving wholly irresponsibly over Northern Ireland – David Jones

Feb 28, 2018

Listen to former Brexit Minister and EFT Adviser David Jones explain why the EU is behaving wholly irresponsibly over Northern Ireland and that “we cannot be in a position where a substantial part of British territory is effectively governed by a foreign administration”.

Patrick Minford’s letter to the Financial Times: Pro-Brexit analysis figures add up perfectly, in fact

Feb 27, 2018

As for the costs of the border, the World Trade Organization mandates a seamless and so costless border by law; where then can the civil service find the huge costs it assumes? – Patrick Minford writes to the Financial Times

BrexitCentral: Corbyn’s customs union plan is bizarre: what on earth is he thinking?

Feb 27, 2018

We would have no ability to decide what tariffs we charge on imports from non-EU countries. At the moment we are forced to charge high tariffs on clothing and footwear imports from non-EU countries, mainly to protect industries in continental Europe – Professor David Paton

BBC Three Counties Radio: Staying in a customs union would be ‘the worst of all worlds’ – David Paton

Feb 26, 2018

Listen to EFT’s Professor David Paton explain to BBC Three Counties Radio why it doesn’t make economic sense to stay part of a customs union post-Brexit, adding that it would be “the worst of all worlds”.

The Times: Corbyn’s post-Brexit customs union would hurt the poor

Feb 26, 2018

As a report from the organisations Labour Leave, Economists for Free Trade and Leave Means Leave calculated, the poor would benefit most from Brexit. If the Labour Party is really on the side of the poor rather than the elite, the EU customs union is a curious thing to defend.

City A.M.: Now the fog has lifted, the UK’s post-Brexit future looks bright

Feb 26, 2018

Professor Patrick Minford of Economists for Free Trade (who is, in my humble opinion, the leading economist and best economic forecaster in this country) has demonstrated how the supposed “independent” economic modelling from the Treasury is just a case of “garbage in, garbage out”.

BBC Sunday Politics: Our “absolutely brilliant” report eclipses the Treasury’s “nonsense” – Iain Duncan Smith

Feb 25, 2018

Watch former Conservative Party leader and Brexiteer Iain Duncan Smith discuss EFT’s Alternative Brexit Economic Analysis on the BBC’s Sunday Politics – it is “absolutely brilliant” compared to the Treasury’s pessimistic “nonsense”.

BBC Daily Politics: Our track record on predicting the short term is better than the Treasury’s

Feb 23, 2018

Watch the co-author of our latest report, the IEA’s Chief Economist Julian Jessop, explain that when it comes to predicting the short term, the team of economists behind our report have a better track record than the Treasury.

BBC Radio 4 Today Programme: A customs union means higher prices for food, clothing and footwear – Jacob Rees-Mogg

Feb 23, 2018

Listen to EFT Adviser Jacob Rees-Mogg on the Today programme, where he explains why leaving the customs union – and being outside a customs union – will avoid high prices for food, clothing and footwear.

The Times: Economists for Free Trade group forecast 4% Brexit boost to growth

Feb 22, 2018

Economists for Free Trade yesterday published an alternative analysis of the impact of Brexit that is designed to rival a leaked Whitehall study. They claim that the latter was a “gloomy” assessment based on a model that had not used all relevant data.

City A.M.: The doom-mongering Whitehall forecasts are dismally misguided

Feb 22, 2018

As Cabinet ministers assemble at Chequers for yet another crunch Brexit showdown, doubts linger over the quality and accuracy of briefing papers prepared for them – Graeme Leach

BBC Radio 4 Today Programme: Our detective work has abandoned the Treasury’s dodgy assumptions

Feb 21, 2018

Listen to one of the co-authors of our Alternative Brexit Economic Analysis, the IEA’s Julian Jessop, explain how our detective work predicts a Brexit boost of up to four per cent of GDP.

Daily Mail: BREXIT GLOOM DEBUNKED; EXPERTS’ REPORT SAYS LEAVING EU COULD BOOST UK ECONOMY BY 4%

Feb 21, 2018

The new report, ‘Alternative Brexit Economic Analysis’, was written by four leading independent economists: Roger Bootle, the founder and chairman of Capital Economics; Gerard Lyons, former economic adviser to Boris Johnson; Julian Jessop of the Institute for Economic Affairs; and Professor Patrick Minford of Cardiff University.

The Sun: Government’s Brexit plan will actually BOOST growth by 4 per cent, say economists

Feb 21, 2018

Using the a similar economic model behind controversial leaked Whitehall forecasts, pro-Brexit Economists for Free Trade group say the PM’s goals actually point to growth over 15 years. They say that if actual government policy is modelled – rather than deals other countries have with the EU – then it leads to good news.

City A.M.: Economists “debunk” Whitehall Brexit analysis – and claim the economy will grow

Feb 21, 2018

Unlike the official forecasts, which revealed some regions may face double-digit declines after Brexit, this analysis is based on the government’s stated outcome of a Canada-plus free trade deal with the EU, sitting alongside free trade with the rest of the world.

BrexitCentral: The Treasury’s record of economic forecasting is so poor, it should have given up trying years ago

Feb 21, 2018

Lies, damned lies and Whitehall models: this is the take-home message from a new report, Alternative Brexit Economic Analysis, issued today by Roger Bootle, Gerard Lyons, Julian Jessop and Patrick Minford.

Daily Express: You’ve got it wrong! Top economists say Britain will boom after Brexit

Feb 21, 2018

Former Conservative leader and prominent Brexiteer Iain Duncan Smith said: “This new study by some of our most respected economists, who have been right in the past on key issues such as the euro and the immediate effects of Brexit, deserves to be taken very seriously.”

BBC News: Pro-Brexit Tory MPs set out demands

Feb 21, 2018

Economists for Free Trade have published their “alternative” calculations, saying the civil servants’ version ignored what they said were the “clear objectives” set out by Mrs May of free trade with Europe and the rest of the world.

Daily Express: Former Brexit Minister David Jones hits back at Michel Barnier

Feb 20, 2018

“I don’t want to do any cherry picking. I’m entirely happy to continue trading with the EU on WTO terms” – EFT Adviser and former Brexit Minister David Jones

Daily Telegraph: Our Brexit team must be bold and avoid giving in to a limp transition

Feb 19, 2018

Giving in to timidity and procrastination might be understandable and forgivable if the transition period were costless, but it isn’t. Far from it – Roger Bootle

BrexitCentral: There are perfectly workable alternatives to the demeaning transition as proposed by the EU

Feb 19, 2018

The European Union’s proposals for the UK’s transition period make grim reading. They are the sort of terms which might be imposed by a victorious power in war on a defeated enemy – Martin Howe QC

Sunday Telegraph: Ireland’s ‘big mistake is backing team EU’ in Brexit negotiations

Feb 18, 2018

“Instead we set out to be the hardest of the hard to show we are pro-EU – and that was so much against our interests”

The Times: Let’s burn the EU red tape and embrace a new era of prosperity

Feb 16, 2018

Now at last Brexit provides an opportunity to do something about it and in so doing provide a huge boost of up to 2 per cent of GDP, according to Economists for Free Trade, by reducing red tape by just a third – EFT Adviser John Longworth

Daily Telegraph: Scrap tariffs to pile pressure on EU for best Brexit deal, ministers told

Feb 12, 2018

Last year, Economists for Free Trade, claimed that abolishing tariffs would inject £135bn into the British economy each year.

Daily Express: Dump tariffs to boost consumer confidence and strengthen Brexit

Feb 12, 2018

“This is one of the few areas of consensus in economics – 95% of economists across the political spectrum from left to right support free trade and the principle of comparative advantage, and governments need to catch up.” – Warwick Lightfoot

Leaving the customs union is a “fantastic opportunity” – Jacob Rees-Mogg

Feb 08, 2018

Watch EFT Adviser Jacob Rees-Mogg explain from Downing Street why leaving the customs union presents a “fantastic opportunity” for inward investment to the UK.

City A.M.: The economy will thrive outside the EU’s protectionist tariff wall

Feb 08, 2018

More than 18 months after the Brexit referendum, so many people still don’t “get it” with regard to the economic benefits of being outside the CET (the Common External Tariff). There’s a need to revisit the economics of customs unions 101 – Professor Graeme Leach

Daily Express: ‘Growth across the board’ CEO dashes Project Fear with point Remoaners should listen to

Feb 05, 2018

Last week Professor Graeme Leach, a member of Economists for Free Trade, told Express.co.uk that there is now a dawning realisation that Brexit could be very good for the UK economy, and as this realisation strengthens, so too could the Pound.

ConservativeHome: More compliance. Lower productivity. Reduced growth. Why we must free ourselves from EU regulation.

Feb 05, 2018

The extent of EU regulation and its effect on our economy has become alarming. In the City, the new MIFID 2 has just arrived – a monstrous and redundant new rulebook for financial behaviour. It is not the first and it will not be the last if we do not take back our regulative powers – Patrick Minford

The Times: Bias against Brexit runs deep in Whitehall

Feb 05, 2018

Nobody disputes, surely, that civil servants have views. Since 91 per cent of Washington DC voted for Hillary Clinton in 2016, and a similar percentage of public servants here probably voted Remain, we can guess what those views are in most cases – Matt Ridley

BrexitCentral: Remaining in the EU Customs Union after Brexit would be a political and economic disaster

Feb 05, 2018

“Alignment” means we would be unable to change them in order to benefit British industry or consumers, and would have to change them to match the EU’s rules however damaging the EU’s rule change might be to our interests – Martin Howe QC

Daily Telegraph: Project Fear resurfaces in another misguided and ill-thought-out way

Feb 05, 2018

A story appeared last week that an as yet unpublished document authored by government economists suggests that, whatever sort of deal we get out of the EU, in 15 years’ time the UK is going to be considerably worse off. It is time for 12 home truths – Roger Bootle

BrexitCentral: Even the new Civil Service approach seems to show the benefit of Free Trade outside the EU Customs Union

Feb 05, 2018

Plainly, the criticisms of this old approach – persistently so from us at Economists for Free Trade – have hit home; if so, that is real progress – Patrick Minford

Sunday Express: EU regulation costs ‘will double to £240 billion annually AFTER Brexit’

Feb 04, 2018

Failing to scrap EU regulation following the UK’s exit from the EU could cost the economy £240 billion annually, experts have warned. Excessive regulation currently costs the UK £120 billion each year but forecasts by the Economists for Free Trade have warned that this could double.

The Sun on Sunday: RED TAPE ALERT Sticking with EU regulations after Brexit ‘could cost us £240billion a year’

Feb 04, 2018

“If Britain seizes the freedom to move away from EU regulations, the current 6 per cent cost could be cut by a third – boosting GDP by 2 per cent and our growth rate in line.” – Patrick Minford

Sunday Telegraph: Brexit sums don’t stack up? I agree entirely

Feb 04, 2018

Now Brexit is coming, large economies have shown strong interest in signing deals. Yet, apparently, the “sums don’t stack up” – Liam Halligan

BrexitCentral: Why Labour should embrace free trade and campaign to stay out of the EU Customs Union

Feb 02, 2018

At least as important for Labour should be that it is consumers who, quite literally, pay the price through high-tariff items such as food, clothing and footwear being made expensive – Professor David Paton on Labour and the customs union

BBC Question Time: Who should we trust – the Treasury or Economists for Free Trade?

Feb 01, 2018

Watch a member of the audience from BBC Question Time cite Economists for Free Trade as more trustworthy than gloomy, inaccurate Treasury ‘forecasts’.

Daily Express: EU banks tested as worst case Brexit scenario could see euro economic output drop 8%

Feb 01, 2018

David Paton, member of Economists for Free Trade and Labour Leave, told Express.co.uk at the time that news of the UK financial institutions having passed the “worst-case scenario” stress test showed the economy can survive and thrive in Brexit Britain.

Jacob Rees-Mogg questions Steve Baker over whether civil servants are sabotaging Brexit

Feb 01, 2018

Watch EFT Adviser Jacob Rees-Mogg question Brexit Minister Steve Baker in the Commons over whether civil servants are manipulating economic modelling to keep the UK in the customs union.

BrexitCentral: Whitehall’s leaked Brexit forecasts are clearly based on outdated trade models

Feb 01, 2018

The battle has raged over models and projections and all such economist-oriented material. But naturally enough, many people mercifully untrained in these arcana find them pretty baffling. So what is it really all about? – Patrick Minford

Daily Express: Project fear DESTROYED: Britain’s economy will GROW by 4 percent post-Brexit – Economist

Jan 31, 2018

Patrick Minford destroyed claims made in a leaked Brexit report and said Britain will thrive after leaving the Brussels bloc.

Daily Express: SECRET PLOT TO DERAIL BREXIT

Jan 31, 2018

“The Treasury, together with any others involved in this report, have clearly used the same discredited methods that it used to produce Project Fear. Because of this, their estimates should be disregarded.” – Patrick Minford

I see people pretending to worry about democracy while trying to undermine it – Matt Ridley in the Lords

Jan 30, 2018

Watch EFT Adviser Matt Ridley take on those in the House of Lords “pretending to worry about democracy while trying to undermine it”.

I will continue to look at the work of Economists for Free Trade – Brexit Minister Steve Baker

Jan 30, 2018

Watch Brexit Minister Steve Baker commit to continue meeting Patrick Minford and taking Economists for Free Trade’s work into account.

The Sun: Theresa May blames civil servants for leaked Brexit report and says Britain will seek ‘bespoke deal’ to avoid economic hit

Jan 30, 2018

Professor Patrick Minford argued it is time to abandon the gloomy forecasts and embrace the new prosperity on the horizon. He declared: “Project Fear failed yet many Remainers are trying to resurrect it. The government should embrace a clean, swift Brexit – avoid the uncertainty of a long, drawn out transition and embrace the opportunities of Brexit.”

Daily Express: Jacob Rees-Mogg warns Liam Fox capitulation will PUSH UK ‘onto a plank

Jan 30, 2018

“Just look at Patrick Minford’s findings, based on free trade policies, that shows a huge opportunity for economic growth.” – Jacob Rees-Mogg

A forecast for 15 years is much more an expression of opinion…it isn’t hard fact – Jacob Rees-Mogg

Jan 30, 2018

Watch EFT Adviser Jacob Rees-Mogg explain why we should ignore the Treasury’s latest leaked forecasts. The longer a forecast is, the more it is based on opinion, not hard fact.

Daily Express: ‘Brexit is not a disaster’ UK business take advantage of pound’s rise

Jan 29, 2018

“The more the Government articulates an exciting post-Brexit vision, taking advantage of our future economic freedom, the stronger the pound could become. The problem is that the Prime Minister seems unable to do this.” – EFT’s Professor Graeme Leach

BrexitCentral: As more Project Fear myths are debunked, we must look forward to the benefits of global trade

Jan 29, 2018

In the vernacular of Shakespeare, those who contributed to “Project Fear” running up to the referendum and into 2017 were either fools or knaves. They either showed extraordinary bad judgement and poor economic modelling…or they were deliberately lying – EFT Adviser John Longworth

Daily Telegraph: The Government must raise its sights, not kow-tow to big business

Jan 29, 2018

The UK’s relative position before the vote was unsustainable, since it relied upon rapid growth of domestic demand, led by consumer spending, in advance of what was occurring in our major markets overseas.

The Times: Divergence is the big prize that Brexit offers

Jan 29, 2018

The central issue is divergence: how much should Britain aim to veer away from the Continent in how it regulates products and services, and how much would the 27 countries and the European Commission allow us to diverge before denying us a trade deal at all?

Daily Express: Brexit boom is HERE as economy soars to defy doom-mongers

Jan 27, 2018

Professor Patrick Minford, chairman of the pro-Brexit Economists for Free Trade, said: “These latest figures go to show that Project Fear was completely wrong then, and Remainers are wrong now. The British economy has thrived.”

Leaving the customs union will benefit every family in the country – Owen Paterson

Jan 26, 2018

Listen to EFT Adviser Owen Paterson on BBC Radio 4’s Today Programme, explaining how leaving the customs union will bring the cost of clothing, footwear and food down, benefiting every family in the UK.

Free trade massively increases world prosperity – Owen Paterson

Jan 26, 2018

Listen to EFT Adviser Owen Paterson explain on BBC Radio 5 Live why it is vital that we make a clean break from the EU.

UnHerd: The CBI has got it wrong again – of course business wants Brexit

Jan 25, 2018

“Business doesn’t want Brexit”, we’re so often told, but that’s just not true. Yes, large corporations want to maintain the status quo from which they benefit. But the UK’s small and medium-sized enterprises (SMEs), accounting for far more jobs and the bulk of the economy, are far more likely to back Leave – Liam Halligan

Jacob Rees-Mogg explains how leaving the customs union will benefit UK consumers

Jan 23, 2018

Watch EFT Adviser Jacob Rees-Mogg explain on the BBC’s Daily Politics how leaving the customs union can benefit consumers across the UK.

The Sun on Sunday: Brexit will mean cheaper clothes and food if the PM gets tough with EU, says Jacob Rees-Mogg

Jan 21, 2018

In a hard-hitting report, Rees-Mogg urges Mrs May to spend less time bartering with Brussels and focus on countries who can deliver cheaper food and clothing — such as the US, India, China and Brazil.

Jacob Rees-Mogg vs Lord Adonis on BBC Sunday Politics

Jan 21, 2018

Watch EFT Adviser Jacob Rees-Mogg go head-to-head with Labour peer Lord Adonis on Brexit and the House of Lords.

Everybody benefits from trade – Warwick Lightfoot

Jan 18, 2018

Watch EFT’s Warwick Lightfoot explain the essence of free trade and why it is beneficial to all. Warwick was giving evidence to the House of Commons International Trade Select Committee.

Patrick Minford responds to the Royal Economic Society over BBC economic reporting

Jan 18, 2018

EFT Chairman Patrick Minford has responded to concerns raised by the Royal Economic Society over the “considerable publicity” given by the BBC to our From Project Fear to Project Prosperity launch in August.

Jacob Rees-Mogg exposes the downsides of regulatory alignment with the EU post-Brexit

Jan 17, 2018

Watch EFT Adviser Jacob Rees-Mogg expose the key drawbacks of regulatory alignment with the EU post-Brexit. Alignment would stifle our economy’s competitiveness and make the UK a rule-taker, but not a rule-maker.

Daily Telegraph: As the Brexiteers’ tribune, Jacob Rees-Mogg could be Tory kingmaker, if not king himself

Jan 17, 2018

Chairing the European Research Group may not sound glamorous, but it gets you places in the Conservative party. Mr Rees-Mogg now has the ideal pulpit from which to preach his robust pro-Brexit message.

BrexitCentral: The SNP ought to grasp that Brexit can hold the key to a brighter economic future for Scotland

Jan 17, 2018

If the Scottish Government did look at the analysis of Minford’s work, along with that of Economists for Free Trade, they should be able to see that the road ahead in this scenario is paved with gold.

I want to leave the EU heart, soul and mind – Jacob Rees-Mogg

Jan 16, 2018

Watch EFT Adviser Jacob Rees-Mogg interviewed on BBC Newsnight, where he offers his latest thoughts on the Brexit negotiations and his election as Chairman of the European Research Group.

Matt Ridley explains the opportunities of a ‘no deal’ Brexit to the House of Lords

Jan 16, 2018

Watch EFT Adviser Viscount Ridley explain to the House of Lords how the UK can gain numerous opportunities from a ‘no deal’ Brexit.

Daily Express: ‘PROJECT MCFEAR’ Sturgeon sparks OUTRAGE with damning report on Scotland leaving EU

Jan 16, 2018

“Nicola Sturgeon should put an end to her Project McFear, accept that we are leaving the EU – and that means leaving the single market and the customs union – and start embracing the real opportunities Brexit offers the whole of the UK” – Patrick Minford

Daily Telegraph: How is our national interest served by MPs sucking up to Michel Barnier?

Jan 15, 2018

Why these people, who are not batting for Britain and who clearly are prepared to undermine the will of the British electorate, should want to see Barnier is obvious. It can only be to collude – EFT Adviser John Longworth

BrexitCentral: Brexit is already shaping the economy for the better

Jan 15, 2018

The UK would do well under ‘No Deal’, indeed it would in purely economic terms do better than with a Canada-plus trade deal, in that there would be a quicker movement to free trade and a big gain in our net financial payments to the EU – Patrick Minford

Daily Express Online: Banking ‘Brexodus’ claims in TATTERS: Deutsche Bank admit thousands of jobs WON’T leave UK

Jan 14, 2018

Professor Patrick Minford, chairman of the pro-Brexit Economists for Free Trade, said: “We welcome this news that we always expected and note that it tallies with our estimates of the extent of passporting – which gives the City access to the single market – and the need to ‘work around’ any new obstacles.

Sunday Telegraph: EU to lose £500bn and UK to gain £640bn in no-deal Brexit, economist claims

Jan 14, 2018

For the UK a breakdown would be a short term nuisance but a substantial economic gain; for the EU it is both a short term nuisance and a substantial economic loss – Patrick Minford

Sunday Express: ‘NO DEAL’ WILL COST EU £500 BN

Jan 14, 2018

“Professor Minford shows what a risk the EU would take by not giving us a deal, which is a timely reminder of our negotiating strength.” – EFT Adviser Jacob Rees-Mogg

Daily Mail: KHAN DOSSIER REKINDLES PROJECT FEAR

Jan 12, 2018

Professor Patrick Minford, chairman of the Brexit-supporting Economists for Free Trade, said: ‘These ridiculously pessimistic studies are the latest attempts to use taxpayers’ money to pump life into Project Fear.’

Mail Online: Sadiq Khan renews Project Fear as he publishes a report claiming ‘no deal’ would cost £54billion and 500,000 jobs – but his taxpayer-funded review does not consider a good Brexit deal

Jan 11, 2018

‘These ridiculously pessimistic studies are the latest attempts to use taxpayers’ money to pump life into Project Fear. Our own assessments, using the correct economic model suited to free trade, show the clear benefits of Britain making a swift, clean break from the EU.’ – Patrick Minford

Daily Telegraph: MICHEL BARNIER KNOWS HE IS WINNING THE BREXIT NEGOTIATIONS. IT’S TIME WE TURNED THE TIDE

Jan 11, 2018

We are now in real danger of having the Schrodinger’s Cat solution to Brexit. An outcome so complicated that it is designed to persuade those who voted for Brexit that Brexit is what they have got – the paradox of Brexit in name only – John Longworth

Daily Express: David Davis attacks EU over move against British business

Jan 09, 2018

Economists for Free Trade led by Professor Patrick Minford have estimated that simply leaving the EU without a formal deal could boost UK GDP by around £150 billion a year.

Daily Telegraph: Ignore the doom-mongers. Brexit should be a cause for optimism

Jan 08, 2018

As I never tire of telling people, on the whole, political events have next to no impact on immediate economic performance. This is determined by much more humdrum factors such as the growth of incomes or changes in interest rates – Roger Bootle

City A.M. Debate: Should we subsidise farmers for providing ‘public goods’, like protecting the environment?

Jan 08, 2018

Brexit presents a big opportunity to improve the way we support farming and put the consumer at the heart of food policy. The EU’s Common Agricultural Policy has, at great expense, reduced agricultural productivity by lessening competition and supporting inefficient farmers – Warwick Lightfoot

ConservativeHome: How to achieve a successful Brexit deal for financial services

Jan 07, 2018

A mutually advantageous deal would allow both the UK and EU financial sectors to trade freely and flourish. It would permit EU customers the cheapest access to capital – Barney Reynolds

EFT’s Roger Bootle on BBC Radio 4’s Today Programme

Jan 05, 2018

Listen to EFT’s Roger Bootle debate the economist Vicky Pryce about the key Brexit decisions that need to be taken in 2018.

BrexitCentral: Central Europe and Spain show the EU’s double standards in enforcing ‘democratic values’

Jan 04, 2018

Britain voted for Brexit to get back her sovereignty. Central Europe would like the same. The EU resists both. Here is the basis of a strong alliance, because strong and enduring alliances can only rest on shared interests – Andrea Hossó

Western Mail: Could UK’s post-Brexit future lie in a new Pacific partnership?

Jan 04, 2018

“It could easily fit into talks about new free trade agreements because it’s quite a comprehensive one. It certainly makes some sense…Everyone has been obsessed with our relationship with Europe, but that’s really something that just gets in the way at the moment. We would like to resolve it so we can get on with this broadening of trade…” – Patrick Minford on the prospect of the UK joining the TPP

ConservativeHome: Leavers have every reason to be optimistic about the year ahead

Jan 02, 2018

Seeing the “glass half empty”, the British Chambers of Commerce (BCC) establishment this week declared that it is vital that the British Government obtain trade relations with the EU as soon as possible in order that companies can continue to import from the EU without tariffs and without disruption. At one stroke this undermines the UK’s negotiating position – EFT Adviser John Longworth

Daily Telegraph: Serious risks, yes, but I see growth continuing in the global economy

Jan 01, 2018

There are serious geo-political risks that could upset the world economy. There usually are. But I propose to put these aside on the impressively scientific grounds – Roger Bootle

Daily Express: Trade deal by March or WALK AWAY: Owen Paterson warns May to ignore ‘Remoaner double talk’

Jan 01, 2018

If the EU will not agree heads of terms by March next year or if the price — either financially or in concessions of sovereignty — is too high, then we should politely advise them that our trade will continue on World Trade Organisation (WTO) terms – EFT Adviser Owen Paterson

Daily Telegraph: Hard data trumps drumbeat of negativity

Dec 31, 2017

As 2017 ends, any objective observer should acknowledge that the British economy is performing quite well. The drumbeat of negativity continues – and won’t abate in 2018. The hard data, though, keeps confounding the doom-mongers – Liam Halligan

The Sun: Why 2018 will be good for go-it-alone UK as we edge closer to Brexit Britain

Dec 31, 2017

Provided the Government retains our newly won freedoms to set taxes, decide on regulations, make trade deals and remove tariffs, the UK economy will boom for years to come – EFT Adviser John Longworth

The Times: Economists give us reasons to be cheerful about 2018

Dec 28, 2017

Patrick Minford, professor of economics at Cardiff University, and Gerard Lyons, chief economic adviser at Policy Exchange, both of whom supported Brexit and reckon growth will be 2 per cent. Mr Hollingsworth at Capital Economics, which was founded by Brexit-supporting Roger Bootle, is more optimistic still at 2.2 per cent.

Daily Express: ‘They can’t STOP us!’ Economist DASHES EU plans to thwart UK’s post-Brexit trade strategy

Dec 20, 2017

The European Union will try to “stop” the United Kingdom from striking new trade deals after Brexit because it would “undermine” their exports to Britain, economist Patrick Minford claimed.

BrexitCentral: The case for a post-Brexit transition period has yet to be made

Dec 20, 2017

For Remainers, a transition period provides an opportunity for unforeseen events to intervene and frustrate Brexit altogether – Michael Burrage

ConservativeHome: To make Brexit a success, we must break free from the over-taxed, over-regulated European model

Dec 19, 2017

The European Commission itself admits that 90 per cent of global economic growth in the next ten to 15 years is expected to be generated outside Europe, a third of it in China alone. We must be allowed – outside the Single Market and Customs Union – to seize these opportunities – Owen Paterson

Will the PM show steel in rejecting these hostile EU negotiating terms?, asks Jacob Rees-Mogg

Dec 18, 2017

Watch EFT Adviser Jacob Rees-Mogg ask the Prime Minister whether she will show real steel in rejecting the EU’s hostile negotiating terms.

Owen Paterson asks the PM: Can she confirm that ‘nothing is agreed until everything is agreed’?

Dec 18, 2017

Watch EFT Adviser Owen Paterson ask the Prime Minister whether she can confirm that ‘nothing is agreed until everything is agreed’?

Daily Telegraph: 2017 was the year supposed economic threats like Trump turned into non-events

Dec 18, 2017

The big news has been the strength of the global economy after several years of weak performance – Roger Bootle

BrexitCentral: What the ‘meaningful vote’ and ‘exit date’ amendments are really about

Dec 18, 2017

Martin Howe QC decodes the latest Brexit battles in Parliament on BrexitCentral.

Daily Express: Banks to move fewer than 4,600 jobs from London in the run-up to Brexit

Dec 15, 2017

Professor Patrick Minford, chairman of the pro-Brexit Economists for Free Trade, said: “We welcome this news that we always expected and note that it tallies with our estimates of the extent of passporting [which gives the City access to the single market] and the need to ‘work around’ any new obstacles.

The Times: Macron lures bankers fleeing London with tax cuts for rich

Dec 15, 2017

The pro-Brexit group Economists for Free Trade has estimated that about 9 per cent of revenues from City companies are vulnerable from the loss of passporting…Barnabas Reynolds, the global cohead of financial institutions at the law firm Shearman & Sterling, said: “Any significant impact from Brexit will most likely be five to ten years out and will be determined by what the UK and EU do between now and then. There is almost no conclusive evidence of what will happen.

A Successful trade deal must be better than WTO terms – Owen Paterson in the House of Commons

Dec 14, 2017

Watch EFT Adviser Owen Paterson question Brexit Secretary David Davis at DExEU questions in the House of Commons.

Prospect: British concessions to the EU last week are a matter of grave concern

Dec 13, 2017

In 1999, 61 per cent of UK goods exports were with the EU, now it is 47 per cent. By 2025, it has been projected that it will be under 35 per cent. The European Commission itself says that 90 per cent of global economic growth in the next 10-15 years is expected to be generated outside Europe, a third of it in China alone – Owen Paterson

Daily Telegraph: Canada is nice, but we really need a ‘Britain-plus plus plus’ Brexit deal

Dec 11, 2017

Getting rid of EU protectionism via Free Trade Agreements gives us a big gain from the resulting free trade: on our calculations, consumer prices would fall 8 per cent and GDP be 4 per cent larger – Patrick Minford

Daily Telegraph: If the next phase of Brexit talks goes badly we must walk away without a deal

Dec 11, 2017

Rushed prime ministerial visits to the Continent in search of “agreement” tend not to end well. “I have it. I have the paper. Mr Juncker and I …” Pray that Theresa May has enough sense of history not to utter anything remotely resembling Neville Chamberlain’s words, either now or later – Roger Bootle

The Sun on Sunday: PM striking Brexit ‘deal’ is welcome but there are still causes for concern

Dec 10, 2017

If the EU wants our cash, it must talk seriously about a comprehensive reciprocal free-trade deal with zero tariffs – Owen Paterson

Sunday Telegraph: Why ‘exit from Brexit’ would be a disaster

Dec 10, 2017

These Brexit negotiations are clearly tough. There are complications – not least as the European Union, a moribund, self-serving bureaucracy, is determined to make it difficult for Britain to leave. Pour décourager les autres – Liam Halligan

Daily Mail: FURY OVER CBI DOOM-MONGERING

Dec 09, 2017

Patrick Minford, of the pro-Brexit Economists for Free Trade group, said: ‘The CBI continue to escalate their permanent post-Brexit tantrum.’

City A.M.: How bright are the prospects for UK trade and prosperity post-Brexit?

Dec 08, 2017

The Single Market has done little for our trade with the EU, which has fallen from 60 per cent to 43 per cent since its introduction. UK trade with the rest of the world has grown three times faster. Services account for 80 per cent of our economy, but only 40 per cent of service exports go to the EU – David Blake

City A.M.: With free trade, the Irish border is an issue for the EU, not the UK

Dec 08, 2017

The key point is that a genuine free trade solution does tick all the boxes. The UK would be outside the Single Market and Customs Union, the DUP would be happy because there would be equivalence with the rest of the UK, and there would be no physical border presence to threaten the peace settled by the Good Friday Agreement – Graeme Leach

BrexitCentral: Costly EU demands on regulatory alignment could prevent us securing trade deals elsewhere

Dec 07, 2017

The reported Northern Ireland border offer is particularly crazy, because it is expressed to apply if we do not reach a trade agreement with the EU – Martin Howe QC

The Guardian: Brexit will be a success story – but for now, our leaders have lost the plot

Dec 07, 2017

The true measure of Brexit success is first and foremost whether we take control of our laws, our borders and our money, and then whether we are economically better off outside the EU than we would otherwise have been by staying in the EU – John Longworth

BrexitCentral: Regulatory divergence does not require a hard border between Northern Ireland and the Republic

Dec 07, 2017

Questions about post-Brexit regulatory alignment of Northern Ireland with the EU has somehow become entangled with the prospect of the reconstruction of a hard border between the Province and the Republic, and this has confused everyone participating in the debate, including the leading decision-makers – Michael Burrage

City A.M. Debate: Would the UK thrive under WTO rules of trade?

Dec 06, 2017

EFT Adviser and Co-Chair of Leave Means Leave John Longworth debates Liberal Democrat MP Tom Brake, where he argues how WTO rules would give us the freedom of making our own trade arrangements around the world.

EFT Adviser Jacob Rees-Mogg at PMQs: Will the PM apply a new coat of paint to her Brexit red lines?

Dec 06, 2017

Watch EFT Adviser Jacob Rees-Mogg ask the Prime Minister whether she plans to apply a new coat of paint to her Brexit red lines before she returns to Brussels.

City A.M.: The City will continue to thrive, with or without a Brexit deal

Dec 06, 2017

Brexit is less disruptive than might first appear. Many of the gloomy predictions ignore the fact that we can place some reliance on EU law. There are in fact two attractive ways forward for financial services on Brexit – Barney Reynolds

Red lines on regulation should be indelible – Jacob Rees-Mogg in the House of Commons

Dec 05, 2017

Watch EFT Adviser Jacob Rees-Mogg make the point to David Davis that UK red lines in the Brexit negotiations should be indelible red lines.

Sky News: The UK should not be afraid of no Brexit deal – EFT Adviser Owen Paterson

Dec 05, 2017

Watch EFT Adviser Owen Paterson explain why no deal is better than a bad deal.

BBC Breakfast: We won’t have left the EU unless we leave the single market, customs union and the ECJ

Dec 04, 2017

Watch EFT Adviser Owen Paterson explain why the UK will not have left the EU unless we leave the single market, customs union and the jurisdiction of the ECJ.

Tariff-free and reciprocal free trade is in everyone’s interest – EFT Adviser Owen Paterson

Dec 04, 2017

Listen to EFT Adviser Owen Paterson on BBC Radio 4’s Today Programme explain what the Prime Minister must aim for in Brexit negotiations.

BrexitCentral: An independent sovereign UK could not be bound by the rulings of a foreign court

Dec 03, 2017

In recent weeks, we have become used to unreasonable demands from the European Commission, from their refusal to discuss trade to the seemingly arbitrary size of the “divorce bill”. But their most bizarre claim of all was the declaration in May that they wanted European law, overseen by the European Court of Justice, to continue to apply to EU citizens in the UK after Brexit – Owen Paterson

BBC Andrew Marr Show: We must not leave the EU in name only – Jacob Rees Mogg

Dec 03, 2017

Watch EFT Adviser Jacob Rees-Mogg argue that remaining under ECJ oversight and paying vast sums of money to Brussels would mean the UK leaving the EU in name only.

The Sun on Sunday: MRS ULTI-MAY-TUM Top Tory MPs tell PM to give EU ‘divorce’ ultimatum or walk away

Dec 03, 2017

A total of 40 senior MPs, peers, economists and business leaders have urged the PM to bluntly tell EU chief Jean Claude Juncker the EU will not see a penny of the divorce settlement unless Britain’s demands are met…Several economists, including Professor Patrick Minford and Roger Bootle are also signatories.

The Sunday Telegraph: Our fishermen should land Brexit benefits

Dec 03, 2017

he decline of fishing communities has generated much anti-EU sentiment in parts of the UK – and no wonder. Around 60pc of the fish caught in UK waters are claimed by non-British boats – Liam Halligan

Daily Express: City has ‘nothing to fear’ from Brexit with no deal

Dec 02, 2017

A spokesman for Economists for Free Trade said: “Barney Reynolds correctly identifies that the UK must have an attractive plan B. “He has identified how financial businesses don’t need to move to the EU for the contingency of a no deal. “The UK should be optimising the environment here to ensure it remains competitive in a plan B scenario.”

BBC Daily Politics: EFT Advisers Jacob Rees-Mogg MP and Tim Montgomerie explain the key benefits of leaving the customs union

Dec 01, 2017

Watch EFT Advisers Jacob Rees-Mogg MP and Tim Montgomerie explain how leaving the EU’s protectionist racket of a customs union will benefit the UK’s poorest consumers.

Brexit will increase the UK’s standing in the world – EFT’s Andrea Hossó on Sky News

Dec 01, 2017

Watch EFT’s Andrea Hossó discuss how Brexit will increase the UK’s standing in the world on Sky News’s All Out Politics.

BrexitCentral: The Republic of Ireland should see the Brexit negotiations as an opportunity not a threat

Nov 30, 2017

Crucially, only 1.6 per cent of Irish imports and exports run between the Republic and Northern Ireland; the overwhelming share of trade is between the Republic and Great Britain. Once again, the Republic’s trade with Northern Ireland is a very small part of the much more significant trade with the whole of the UK.

Daily Express: Brexit fearmongers are WRONG – banks will COME to UK not leave, says top economist

Nov 29, 2017

Is reassuring given that the Bank of England assumes that leaving (the EU) with no formal trade deal will cause serious problems for the UK economy – Professor David Paton

BrexitCentral: The WTO option could yet be better value than a costly negotiated Brexit

Nov 29, 2017

From the very beginning of the Brexit negotiations with the EU, the UK Government has placed a millstone around its neck by adopting a flawed measure of success. This has been a monumental mistake. The definition adopted has been the achievement of a free trade arrangement (so called “access” to the Single Market and Customs Union) when the measure of success of Brexit was not this at all.

Miserable Remainers need to read EFT’s Budget for Brexit – Owen Paterson in the House of Commons

Nov 29, 2017

Watch EFT Adviser Owen Paterson explain to the Chief Secretary to the Treasury why miserable Remainers need to read EFT’s Budget for Brexit.

UnHerd: Britain should not fear “no deal” with the EU on trade

Nov 29, 2017

Trading with the European Union under World Trade Organisation rules is ‘perfectly manageable’ for the UK, the world’s leading trade diplomat told me last week. This is an important intervention – one that could impact the UK’s Article 50 negotiations with Brussels.

Daily Express: ‘Stop being so gloomy’ Britain’s economy WILL prosper after Brexit

Nov 28, 2017

The truth about the British economy is that the Brexit move to free trade with the whole world, our own regulations and control of immigration will give a gain of around 7 per cent to GDP, worth around £135billion and about £80billion extra revenue for the Treasury at today’s values – Patrick Minford

Daily Telegraph: Why the OBR’s productivity gloom marks the return of ‘Project Fear’

Nov 27, 2017

Putting aside the vexed question of whether productivity performance is correctly measured (it isn’t), there are some good reasons why even officially recorded productivity growth may well recover – Roger Bootle

The Times: EFT Adviser Matt Ridley writes a cheque that will bounce without a free trade agreement

Nov 27, 2017

Dear Angela, Emmanuel and others (cc Donald, Jean-Claude, Michel),

I enclose a cheque for £40 billion as agreed. However, you will notice that it is post-dated March 30, 2019, and that it will bounce without a free-trade agreement between us… – Matt Ridley

BrexitCentral: We must not submit to an unequal treaty on EU citizens’ rights

Nov 26, 2017

Not since the “unequal” treaties between the Western powers and China during the 19th Century has a self-governing sovereign state agreed that the rights of foreign citizens within its territory be regulated by a foreign court – Martin Howe QC

BBC Sunday Politics: The idea that Northern Ireland is going to be taken out of the single market with the UK, where it does 80% of its trade, is absurd – Owen Paterson

Nov 26, 2017

Watch EFT Adviser Owen Paterson discuss the Northern Irish border on the BBC’s Sunday Politics.

Sunday Telegraph: ‘No EU-UK deal? It is not the end of the world’

Nov 26, 2017

The WTO chief talks to Liam Halligan about protectionism and why he feels the UK will never be a minor player in trade.

Daily Express: The Office of Budget Responsibility becomes the story, says PROFESSOR PATRICK MINFORD

Nov 25, 2017

It is darkest before the dawn. How ironic if the OBR has shot us, the Chancellor, and itself in the foot just when the cavalry was coming over the hill! – Patrick Minford

Daily Express: ‘It’s flimsy!’ Fury over Project Fear DOWNGRADING Britain’s growth forecast

Nov 24, 2017

Professor Patrick Minford, the chairman of Economists for Free Trade, has questions the data and methodology used by the Office for Budget Responsibility , which was originally created by former Chancellor George Osborne the architect of Project Fear in the referendum.

Daily Express: Say NO to Brussels! Economist says EU should be grateful for UK offer to plug budget hole

Nov 24, 2017

Speaking exclusively to Express.co.uk, Professor Minford, chairman of the Economists for Free Trade, said the EU should be grateful for any contribution to help the bloc out of its “hole”.

Daily Express: Outcry as cost of Brexit transition deal soars by £8bn

Nov 24, 2017

Professor Patrick Minford, the chairman of Economists for Free Trade, said that the revelation proves that it is better for Britain to leave without a deal with the EU. He said: “Transition is an expensive nonsense and it has now got several billion more expensive. No deal remains the best deal.”

Daily Telegraph: Ministers should prepare for the OBR to be wrong

Nov 23, 2017

For once, the fundamental reason behind the OBR’s pessimism is not Brexit. Up until now, it had assumed that poor productivity growth would at some point bounce back to more normal levels. But after repeatedly being proven wrong it has finally thrown in the towel. I suspect it has given up too soon and that we will indeed see productivity growth pick up as the labour market tightens.

Daily Mail: GROWTH FORECAST DOWNGRADED FOR NEXT FIVE YEARS

Nov 23, 2017

Professor Patrick Minford, of Economists for Free Trade, said they were ‘absurdly depressed forecasts’, adding: ‘The medium to long-term economic outlook…is much brighter than the Chancellor has set out.’

BrexitCentral: Cast off the gloomy Treasury forecasts and seize the opportunities of Brexit

Nov 23, 2017

Although there are risks from leaving a large trading bloc such as the EU, they are far outweighed by the potential benefits. Free from EU protectionism, the UK will regain the ability to cut tariffs on goods from outside the EU – David Paton

Daily Express: Brexit DOOM-MONGERS strike: Britain is facing ‘two LOST DECADES’ without earnings growth

Nov 23, 2017

Professor Minford is the author of “A Budget for Brexit 2017” which lays out in detail just how the UK can benefit from a new future even with a formal EU trade deal said that, “the general sentiment within the Budget confirms our long-held concern that the Treasury is generally ignorant of and in denial about the wider economic benefits of Brexit.

Daily Telegraph: The puzzle of productivity may well solve itself in time

Nov 23, 2017

Prof Patrick Minford, from Cardiff University, says Britain is penalised in the beauty contest for its service-based economy. “All the official gloom is totally misleading. According to the ONS, productivity in education, healthcare and social services has been falling since 1998 at 4pc a year, an obviously absurd figure,” he said.

Sky News: The pessimistic OBR dictates Government policy, they could be proved wrong yet again – Roger Bootle

Nov 22, 2017

Watch EFT’s Roger Bootle speak to Sky News’s Ian King, where he argues that the whole of Government policy is dictated by the pessimistic OBR, who have been wrong before and could be proved seriously wrong again.

BrexitCentral: Ignore the scaremongering about a Brexit “cliff edge” for the City of London

Nov 22, 2017

On closer examination, the perceived cliff edge making such a dangerous chain of reasoning seem inescapable is largely in the mind, asserting that when the EU’s regulatory perimeter springs up after Brexit, with the UK outside it, contracts between UK financial businesses and EU customers or counterparties become frustrated – Barney Reynolds

BrexitCentral: Philip Hammond needs to ditch his caution and embrace the benefits of trading under WTO rules

Nov 21, 2017

We would also have the dangerous ability to be able to unilaterally do away with EU-imposed tariffs, thus reducing the cost of food, clothing and footwear by an average of around 20%. This would have the terrible danger of boosting the economy by 2% of GDP all in one go, far too heady a brew, and also of helping the poor, which can never be a good thing – John Longworth

Daily Telegraph: Don’t listen to the terrified Europeans. The Singapore model is our Brexit opportunity

Nov 21, 2017

The Budget is a real opportunity for a turning point in the conduct of fiscal policy in the UK – a chance to signal that our Government will make Britain one of the most competitive economies in the world. The Chancellor should look East when he rises to his feet on Wednesday, not to the sluggish, over-taxed and over-regulated states across the Channel – Owen Paterson

BBC Newsnight: The European Banking Authority’s London departure allows our regulators to be dynamic and put the UK first

Nov 20, 2017

Watch EFT Adviser Barney Reynolds explain why the European Banking Authority’s departure from London is not a problem, allowing our already excellent regulators to be more dynamic and to prioritise the needs of the UK’s economy.

Daily Telegraph: Britain craves a bold Budget, yet the Chancellor’s hands are tied

Nov 20, 2017

So, what to do? I think the economic outlook presented by the OBR will be much too pessimistic. Last week, Economists for Free Trade presented a very positive outlook which yielded Brexit dividends for the Chancellor. Still, it is not providing the official forecasts (more’s the pity) – Roger Bootle

Owen Paterson on BBC Radio 4’s Any Questions: Brexit was the largest vote in British history, and the Establishment is finding it very hard to swallow

Nov 17, 2017

Listen to EFT Adviser Owen Paterson MP on BBC Radio 4’s Any Questions, where he argues that the Establishment is finding Brexit a bitter pill to swallow.

BBC Daily Politics: Owen Paterson sets out how our Budget for Brexit can benefit the poorest families

Nov 16, 2017

Watch EFT Adviser Owen Paterson set out how our Budget for Brexit can benefit poorer families across the country.

A clean Brexit will benefit the poorest consumers in rural areas – Owen Paterson speech at the Three Counties Agricultural Society Farming Conference

Nov 16, 2017

Professor Patrick Minford has forecast a 10% fall in food prices, saving £305 per household per annum, or some £8.2 billion overall. That, therefore, should be the key priority.

Daily Express: They said it would be SELF-HARM! Rees-Mogg mocks supporters of UK’s adoption of the euro

Nov 16, 2017

Rees-Mogg pointed to forecasts from the Economists for Free Trade pressure group identifying a potential £135billion windfall to the Treasury between 2020-2025 as the financial benefits from leaving the EU are felt.

Freenations: REFUTING THE GUARDIAN’S COST OF BREXIT

Nov 16, 2017

FTAs will bring prices down for products from the Rest of the World (ROW), and force EU producers to cut their prices in line to keep market share. In this case prices fall across the board, as in the projections made by Economists for Free Trade – Patrick Minford

Standpoint: Brexit is just as messy as European integration has been, but is essential

Nov 16, 2017

The British, or at any rate the English, have a long and wonderful history as a meaningful nation. Until recent decades they have regarded themselves, almost by definition, as self-governing – Professor Tim Congdon

Daily Telegraph: We should all be optimistic about Brexit – here’s why

Nov 16, 2017

The Treasury has not retracted the assessments of Brexit it made before the referendum: long-term, that GDP would be reduced by any Brexit, most of all (7pc) by a clean Brexit with no EU trade deal, and short-term, that there would be a sharp and immediate recession – Patrick Minford

BBC Daily Politics: Jacob Rees-Mogg supporting EFT’s “fabulous” Budget for Brexit

Nov 15, 2017

Watch EFT Adviser Jacob Rees-Mogg MP support our “fabulous” Budget for Brexit report and setting out how the economy could gain a windfall of £135bn between 2020-2025 and £40bn a year thereafter if we take the right decisions.

The Times: Jacob Rees-Mogg reveals his plan for £135bn Brexit windfall

Nov 15, 2017

The “budget for Brexit” he endorsed was produced by Economists for Free Trade (EFT), an organisation headed by the pro-Leave academic Patrick Minford from Cardiff Business School.

Daily Mail: WE SHOULD HONOUR £350M CASH PLEDGE TO NHS, SAYS REES-MOGG

Nov 15, 2017

Rees-Mogg was speaking at the publication of a manifesto from the pro-Brexit group Economists for Free Trade (EFT), which said the Government can look forward to a windfall after the UK leaves the EU. It said Brexit will be ‘overwhelmingly positive’ for the British economy provided the Government adopts the right policies.

Daily Express: NHS must get £350m ‘promise’ – Rees-Mogg

Nov 15, 2017

Speaking at the Economists for Free Trade presentation in London, Rees-Mogg said: “Politicians cannot hide behind the small print like some disreputable businesses do, but recognise that the commitment is accepted in broad terms not in pettifogging detail.

The i: Rees-Mogg wants Treasury to honour £350m Vote Leave promise

Nov 15, 2017

“Although I did not want the £350m figure to be used [during the referendum] it was used and the electors believed the promise was made,” the MP for North East Somerset said at an Economists for Free Trade event in London.

Sky News: Jacob Rees-Mogg and his Brexit Budget wishlist

Nov 14, 2017

Watch EFT Adviser Jacob Rees-Mogg MP sit down with Sky News after the unveiling of our Budget for Brexit.

EFT Adviser Jacob Rees-Mogg MP in the Commons: EFT’s Budget for Brexit would fund £350m for the NHS as well as tax cuts

Nov 14, 2017

Watch EFT Adviser Jacob Rees-Mogg MP raise our Budget for Brexit report in the House of Commons.

Daily Express: ‘FALSE ASSUMPTIONS!’ Jacob Rees-Mogg takes sensational swipe against Brexit scaremongers

Nov 14, 2017

Senior Tory Jacob Rees-Mogg will sound the call for an ambitious Budget for Brexit in a speech today marking the launch of a report from the pressure group Economists for Free Trade.

Sky News: Brexit ‘guerilla warfare’ kicks off in the Commons over EU Withdrawal Bill

Nov 14, 2017

In a new report, the Economists for Free Trade (EFT) group says Brexit will be “overwhelmingly positive” for the British economy, provided the Government adopts the right policies.

Daily Express: BREXIT BOMBSHELL: Britain can expect £135 BILLION windfall after EU divorce, experts say

Nov 14, 2017

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.

Financial Times Online: Brexiters pile pressure on UK chancellor ahead of the Budget

Nov 14, 2017

The Department for International Trade tweeted a Daily Mail article which reported the apparent financial bonanza that Britain could expect if it left the European Union without a deal. That research, by a group called Economists for Free Trade is at odds with models used by the Treasury, Office for Budget Responsibility and Bank of England.

BrexitCentral: We need a Budget next week that shows Britain is open to the world, not closed to Europe

Nov 14, 2017

The UK economy has performed robustly since the Brexit vote, in complete contrast to the scenarios outlined by HM Treasury in their documents prior to the referendum – Jacob Rees-Mogg MP

The Guardian: Jacob Rees-Mogg: hard Brexit would boost UK by £135bn over 5 years

Nov 14, 2017

Rees-Mogg, viewed by some as a possible contender for the Tory leadership if Theresa May falls, was speaking to introduce an alternative pre-Brexit budget put together by a group called Economists for Free Trade.

Daily Mail Online: Leading Tory Jacob Rees-Mogg says the Government MUST honour the EU referendum pledge to pump £350m a week into the NHS as politicians ‘cannot hide behind the small print’

Nov 14, 2017

Speaking at the launch of a report by the Economists for Free Trade, Rees-Mogg said he agreed with the head of the NHS Simon Stevens when he asked for the money last week.

Daily Express: Jacob Rees-Mogg ignores doom-mongering economy predictions to give his OWN Brexit budget

Nov 14, 2017

Mr Rees-Mogg said the expert panel had “have done what the Treasury ought to have done” and modelled Brexit on a “free trade approach”.

The Sun Online: BREXIT BOOST Jacob Rees-Mogg says Brexit will give Britain a £135bn windfall as he launches his own Budget for leaving the EU

Nov 14, 2017

The Tory backbencher is launching a report alongside the Economists for Free Trade group saying quitting the bloc will be “overwhelmingly positive” for the economy – as long as the Government adopts the right policies.

Daily Express: BREXIT BOMBSHELL: Britain can expect £135 BILLION windfall after EU divorce, experts say

Nov 14, 2017

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.

Daily Express: ‘FALSE ASSUMPTIONS!’ Jacob Rees-Mogg takes sensational swipe against Brexit scaremongers

Nov 14, 2017

Senior Tory Jacob Rees-Mogg will sound the call for an ambitious Budget for Brexit in a speech today marking the launch of a report from the pressure group Economists for Free Trade.

Daily Mail: AFTER MONTHS OF THREATS, DYSON URGES MINISTERS TO IGNORE EU’S DIVORCE BILL AND SIMPLY WALK AWAY

Nov 13, 2017

Professor Patrick Minford, chairman of the Economists for Free Trade group, said: ‘The talks are just a piece of theatre, and I agree with James Dyson that we just shouldn’t fall for this any more.’

City A.M.: A Budget for Brexit to boost the UK economy: Why politicians should plan for reaping the benefits of a post-Brexit boom

Nov 13, 2017

This week, Economists for Free Trade, of which I am a member, will be releasing a new report “A Budget for Brexit 2017” authored by Professor Patrick Minford of Cardiff University and which lays out in detail just how the UK can benefit from a new future even with a formal EU trade deal – David Paton

Daily Telegraph: The political turmoil over Brexit is at odds with the economic reality

Nov 13, 2017

The British government should stand firm. There is nothing in the Lisbon Treaty to say that a departing country should make a large payment to the EU before starting trade talks – Roger Bootle

City A.M.: The Great Repeal Bill: Helping to remove the phantom financial services ‘cliff edge’

Nov 13, 2017

Talk of an impending cliff edge has gripped many in the City. Doomsayers contend that, without a trade deal, the loss of passporting rights for financial institutions and EU regulation could make honouring existing contracts illegal. These fears are misplaced – Barnabas Reynolds

Patrick Minford on BBC Radio 5 Live’s Pienaar’s Politics

Nov 12, 2017

Listen to EFT Chairman Patrick Minford explain that a central point of Brexit is to increase competition in the UK economy and how free trade is a potent way of improving the UK’s economic performance.

BrexitCentral: How Brexit will reinvigorate the British economy – Patrick Minford

Nov 12, 2017

Our in depth research reveals that Brexit will speed up economic growth, create extra jobs and generate additional revenues to be spent on tax cuts, spending increases or a combination of the two – Patrick Minford

The Sun on Sunday: BREXIT BONANZA Economic experts say Britain should prepare for up to £65BN it can use to spend on tax cuts and spending splurges after Brexit

Nov 12, 2017

The group’s chairman, Prof Patrick Minford, said the Treasury had been negative about post-Brexit Britain and urged Mr Hammond to show ambition in next week’s Budget.

The Sunday Telegraph: Britain could gain a £65 billion windfall from Brexit, Economists for Free Trade report says

Nov 12, 2017

The 16-strong Economists for Free Trade group said its own modelling, based on Brexit taking place in 2020, showed that growth would improve, wages would rise, and unemployment fall.

The Sunday Express: Brexit BOOST: £65BILLION to be pumped into UK economy through tax cuts and public spending

Nov 12, 2017

The promise of a big boost to the economy over the next decade is based on a new economic forecast which factors in a fall in prices because of the scrapping of EU tariffs on goods from the rest of the world, improved export performance and an end to the annual EU subscription of £10 billion.

The Sun on Sunday’s Leader: 65 billion Brexit bonuses

Nov 12, 2017

Next time a gloomy Remainer says the Brexit apocalypse is coming, they should listen to Professor Minford. He has been proven right before — and will be proven right again – The Sun on Sunday’s leader

The Sun on Sunday: Brexit is a shot in the arm – Patrick Minford

Nov 12, 2017

“Brexit will speed up growth, create more jobs and generate extra cash which can be passed on to hardworking British people in the form of tax cuts and higher spending on vital public services, particularly the NHS.” – Patrick Minford

BBC Andrew Marr Show: EFT Adviser Sir James Dyson calls for the UK Government to adopt WTO rules

Nov 12, 2017

Watch EFT Adviser Sir James Dyson call for the UK Government to walk away from the negotiating table: “There’s no way to deal with them, you have to walk away. And if you walk away they’ll come to us.”

Politeia: BREXIT’S 7 PER CENT BOOST – THE IMPACT ON THE WHOLE ECONOMY MATTERS, NOT JUST THE SECTORS

Nov 10, 2017

Patrick Minford explains that what matters is the whole economy not the individual sectors. The Government’s impact studies will have little of value on the sectors and less on the whole economy.

Daily Express: EU plot to rule UK for two years after Brexit

Nov 09, 2017

Former British Chambers of Commerce director John Longworth and Economists for Free Trade, led by Margaret Thatcher’s adviser Professor Patrick Minford, have estimated the UK could be better off by about £150 billion a year by relying on WTO rules and setting up free trade deals.

Daily Telegraph: We should resist the argument that flat productivity is the new normal

Nov 06, 2017

The Chancellor should do whatever he can to boost productivity growth by promoting competition, reducing the regulatory burden, reducing and simplifying taxes and reforming corporate governance. Securing a clean Brexit is critical to this agenda – Roger Bootle

Sunday Telegraph: Why Mark Carney was right to put up interest rates

Nov 05, 2017

The UK is the world’s biggest exporter of financial services – and that won’t change any time soon. Financial services are likely to thrive after Brexit, as we focus more on markets beyond Europe – Liam Halligan

CapX: With friends like Mark Carney, who needs enemies?

Nov 03, 2017

Carney talks only of a competitive currency as a bad thing, notwithstanding the fact that many countries, including those in the G7, have been trying to engineer for themselves something which Brexit has handed us on a plate – EFT Adviser John Longworth

City A.M.: The five economic freedoms that Britain can win by leaving the EU

Nov 02, 2017

If asked about the EU, focus groups show people associate the bloc with free trade, not protectionism. They have little or no idea that they live within a protectionist fortress with tall and thick walls to the outside world – Graeme Leach

Daily Mail: World Bank say Britain is better than Germany AND France for businesses: UK ranks seventh in list by global watchdog

Nov 01, 2017

John Longworth, the former head of the British Chambers of Commerce, said: ‘The World Bank has once again placed Britain high on the list of best places to do business. With the freedoms that Brexit will bring there is no reason why the UK cannot be the number one place in the world.’

Sky News: Brexit offers the UK nimble regulation and global free trade – Matt Ridley

Nov 01, 2017

Watch EFT Adviser Matt Ridley explain how Brexit will offer the UK the opportunity of nimble regulation and global free trade that will raise the living standards of the poorest.

BBC News: UK rep ‘assumes’ free trade with EU will continue

Oct 31, 2017

Brexit-supporting economists, including Prof Patrick Minford, have argued that the UK should unilaterally scrap all tariffs on goods and services from the EU and other nations in a bid to bring down all barriers to trade.

Comment Central: Declaring our WTO intent will provide businesses certainty

Oct 31, 2017

By declaring an intended WTO trade option now, the Government will provide the business community with the direction and certainty they need, whilst giving them time to prepare ahead of the March 2019 deadline – EFT Adviser John Longworth

Daily Telegraph: Calls to raise interest rates are a good sign for the British economy

Oct 30, 2017

The MPC feared that the vote would lead to a very sharp economic slowdown, and possibly even to the recession that featured large in the Treasury’s notorious forecasting exercise about the impact of a vote for Brexit – Roger Bootle

Sky News: Preparing for no Brexit deal is prudent insurance – EFT Adviser Owen Paterson

Oct 29, 2017

Watch EFT Adviser Owen Paterson MP explain why preparing for no deal is sensible on Sky News’s Sunday with Niall Paterson.

Bloomberg TV: EFT’s David Blake debates Jonathan Portes

Oct 27, 2017

EFT’s David Blake debates with Jonathan Portes on Bloomberg TV. He argues that the blame lies at the EU’s door for slow progress in the Brexit talks and says the UK will be far better off outside the protectionist EU bloc.

BBC Question Time: EFT Adviser Jacob Rees-Mogg on the panel

Oct 26, 2017

Watch highlights of EFT Adviser Jacob Rees-Mogg on the BBC Question Time panel.

City A.M.: 10 reasons the UK should not fear a ‘no deal’ Brexit outcome

Oct 26, 2017

My guess is that there is a 50:50 chance that the UK could end up walking away with no deal. Amid the chaos, more sober minds would recognise the 10 unique opportunities, which would rise like a phoenix from the ashes – Graeme Leach

EFT Adviser Jacob Rees-Mogg MP asks David Davis about leaving on WTO terms

Oct 25, 2017

Watch our Adviser Jacob Rees-Mogg MP ask Brexit Secretary David Davis about our obligations if we leave the EU on WTO terms.

Western Mail: Deal or no deal? Lines are drawn in battle for the future of Britain

Oct 24, 2017

Cardiff University economist Patrick Minford – who is considered a guru in eurosceptic circles – argues that “no deal is better than the arrangement we have today if we do not raise tariffs against the EU”.

Daily Express: Brexit transition will make UK a ‘vassal state’ with ‘dire consequences’, warns top lawyer

Oct 23, 2017

Martin Howe QC authored a report saying Theresa May’s plan for an “implementation period” will make it “impossible” to reap the benefits of leaving the EU. 

EFT Adviser Owen Paterson in the Commons: It is massively in the interests of our partners to maintain reciprocal free trade

Oct 23, 2017

Watch EFT Adviser Owen Paterson ask the Prime Minister whether the EU understand just how much they have to lose by refusing to talk trade with the UK.

Daily Express: David Davis to tell Cabinet how Brexit no deal will be ‘POSITIVE’ for Britain

Oct 21, 2017

Meanwhile, a paper by Margaret Thatcher’s former advisor Patrick Minford and others at Economists for Britain, argues that “no deal is the best deal” and could be worth £135 billion a year to the British economy with free trade deals and deregulation.

BrexitCentral: The legal ins and outs of implementation periods: avoiding the negotiation noose

Oct 20, 2017

The EU27’s negotiating strategy dictates that they will not agree to a transition period until the UK has succumbed to their demands about the EU’s legally meritless financial claim, citizens rights, ECJ jurisdiction, and other matters – Martin Howe QC

Daily Telegraph: We have nothing to fear from WTO rules – Liam Halligan

Oct 20, 2017

Unless the EU sees Britain is prepared not to sign any FTA that Brussels puts on the table, we’ll only be offered a bad one. Signing a terrible FTA out of desperation to “get a deal” before the Article 50 deadline would harm UK exporters and consumers for years to come – Liam Halligan

The Sun: Why no deal isn’t such a big deal – Liam Halligan

Oct 20, 2017

Rather than focus on issues that matter to real people, such as commerce and residency, Brussels remains fixated on process. This intransigence highlights why we must prepare to operate without a free-trade agreement – Liam Halligan

Daily Express: ‘You’re peddling Project Fear!’ Economist blasts Remainer for being ‘defeatist’ on Brexit

Oct 20, 2017

Economist Liam Halligan hit out at Thomas Cole, head of policy at Open Britain, which is fighting against a ‘hard’ Brexit and said he was attempting to “scupper the democratic referendum” to leave the European Union.

BBC News: Moving to WTO rules will offer us a better result than a free trade arrangement with the EU – John Longworth

Oct 19, 2017

Watch EFT Adviser John Longworth explain why preparing to move to WTO rules from March 2019 will not only give certainty to business, but will offer us a better result than a free trade arrangement.

Daily Mail: Theresa May should abandon Brexit trade deal talks if Brussels remains stubborn, say top Leave campaigners including Lord Lawson

Oct 19, 2017

Signatories include former Tory cabinet ministers Peter Lilley, John Redwood and Owen Paterson, Labour MPs Kate Hoey and Graham Stringer, economist Professor Patrick Minford, and JD Wetherspoon chairman Tim Martin.

The Spectator: No deal with the EU? Sounds like a good deal to me – Liam Halligan

Oct 19, 2017

If trading under WTO rules is so bad, how does the UK already sell the majority of its exports beyond the EU, largely under such rules? – Liam Halligan

BrexitCentral: Theresa May must be prepared to declare for a clean, swift Brexit before it is too late

Oct 19, 2017

A few weeks ago the London School of Economics (LSE) conducted a large survey of public opinion which showed that some 67% of the population are now prepared to leave the EU without a deal. It is clear that people outside the Westminster/New Broadcasting House bubble have more backbone than our leaders – EFT Adviser John Longworth

Daily Telegraph: Theresa May urged to make ‘deal or no deal’ ultimatum at Brexit summit as EU leaders agree to meet Jeremy Corbyn before her

Oct 19, 2017

The letter is signed by business leaders including Tim Martin, chairman of pub chain JD Wetherspoon, John Longworth, former director-general of the British Chambers of Commerce, and the economists Roger Bootle and Prof Patrick Minford of Economists for Free Trade.

Daily Express: NO DEAL! Top Brexiteers order May to END negotiations with EU unless Brussels plays fair

Oct 19, 2017

Signatories include business leaders including Tim Martin, John Mills, Richard Tice and John Longworth as well as prominent economists Professor Patrick Minford and Roger Bootle.

BBC Radio 4 Today Programme: Stubborn EU causing uncertainty for business – Owen Paterson

Oct 19, 2017

Listen to EFT Adviser Rt Hon Owen Paterson MP set out why the Prime Minister must be prepared to move to WTO rules if the EU keeps stalling trade talks.

The UK in a Changing Europe: A no-deal Brexit is an essential negotiating strategy and may even boost the economy

Oct 18, 2017

If the other side in a negotiation knows that you will never walk away without a deal, they hold the power and it is almost certain that you will end up with a worse deal than you might otherwise – Professor David Paton

Daily Telegraph: An EU transition deal is dangerous diplomatic fiction

Oct 18, 2017

Martin Howe, QC, an expert on European law, argues that Brussels cannot legally offer a transition deal under Article 50 unless there is also an agreement on the future relationship, which is precisely what it refuses to discuss until Britain has given in on every demand.

BrexitCentral: No deal is better than the best deal we could strike with the EU (and they’re not even offering that)

Oct 18, 2017

No deal is actually the best deal. Is that a most ingenious paradox? No, this is hard-headed calculation from Cardiff models of trade and the economy, based on many years of research – Patrick Minford

BBC Radio 5 Live: The OECD were peddling Project Fear before the referendum – John Longworth

Oct 17, 2017

Listen to EFT Adviser John Longworth tell BBC Radio 5 Live that “The OECD was part of Project Fear before the referendum, they’ve never been very good at forecasting”.

Sky News: The UK can afford Brexit – it will make us much better off, argues Patrick Minford

Oct 17, 2017

Watch EFT Chairman, Professor Patrick Minford, debate the Resolution Foundation’s Stephen Clarke on why the UK can not only afford Brexit, but will be boosted by it.

BBC Daily Politics: Most of our trade is outside the EU on WTO rules – Liam Halligan

Oct 17, 2017

Watch Economist for Free Trade’s Liam Halligan explain how since most of our trade is outside the EU on WTO rules, the prospect of a no deal is not bad at all.

BBC Radio London: No EU trade deal is not a problem – Patrick Minford

Oct 17, 2017

Listen to EFT Chairman, Professor Patrick Minford, explain why the UK may be better off avoiding paying huge amounts of money for a formal EU trade deal.

BBC Radio 5 Live: Free trade will bring down prices – Patrick Minford

Oct 17, 2017

Listen to EFT Chairman, Professor Patrick Minford, explain how free trade will bring down prices.

Daily Express: ‘Plan for NO DEAL’ Leading economist Roger Bootle says Hard Brexit doom is ‘NONSENSE’

Oct 16, 2017

Roger Bootle has said that it is “nonsense” that Britain will “fall off a cliff” if it leaves the European Union without a deal and insists the UK has a history of trading successfully with countries around the world.

The Times: Freed from Europe, our fisheries can flourish

Oct 16, 2017

On leaving, Britain will control not only its 12-mile territorial waters, but also its 200-mile exclusive economic zone. This is a golden opportunity – EFT Adviser Matt Ridley

Daily Telegraph: A ‘no-deal’ Brexit is not as scary as the establishment is making it out to be

Oct 16, 2017

Securing an FTA with the EU was never the point of Brexit. After all, if successful, such an agreement would merely continue the trading arrangements that exist now – Roger Bootle

BBC Sunday Politics: Leaving the EU without a deal could be the best deal – EFT Adviser John Longworth

Oct 15, 2017

Watch EFT Adviser John Longworth on the BBC’s Sunday Politics, explaining why no deal could be the best deal.

The Sunday Times Red Box: Deal or No Deal? Patrick Minford vs Chuka Umunna

Oct 15, 2017

No Deal is actually the Best Deal. The EU places average trade barriers of around 20% on both food and manufactures, raising their EU prices in line – Patrick Minford

Daily Telegraph: Dyson heads to European court over vacuum cleaner energy labels

Oct 14, 2017

EFT Adviser, Sir James Dyson, provides a clear example of how the Single Markets protects EU manufacturers – fighting an EU court battle over Brussels’ energy efficiency rules later this month, arguing the current regime allows rival vacuum cleaner makers to mislead consumers. The British engineering group, best known for its bagless vacuum cleaners, believes the existing […]

Daily Telegraph: Deal or no deal, the City can still prosper after Brexit

Oct 13, 2017

The UK financial sector’s future can be brighter than ever after Brexit. For that the UK must now take the steps to make it so. The industry must make its plans work with the grain of what the UK can realistically and easily deliver upon. – Barney Reynolds

CapX: Brexit is good news for Britain, America and the special relationship

Oct 12, 2017

The American Revolution and the 2016 Brexit vote had democratic control at their hearts; everyone is familiar with the rallying cry of “No taxation without representation.” – Rt Hon Owen Paterson MP

BrexitCentral: The legal ins and outs of implementation periods: avoiding the negotiation noose

Oct 12, 2017

Because the EU cannot agree to a transitional period until the framework of the future relationship has been agreed, it is impossible for the EU to agree to a transitional period until late 2018 at the earliest. Hopes that such a transition can be agreed “by the end of this year” are naive and totally unrealistic. – Martin Howe QC

London Evening Standard: As a Brexiteer, this is why I think Philip Hammond should go, writes Tim Montgomerie

Oct 10, 2017

Hammond may have found a throat lozenge for his next-door neighbour but he most typifies the sucking of teeth and cannot-doism that, on front after front, keeps bringing May’s government to a spluttering, croaking halt.

EFT Adviser John Longworth gives evidence to the House of Lords Brexit Committee

Oct 10, 2017

Watch Economists for Free Trade Advisor, John Longworth, give evidence to the House of Lords Brexit Committee for their ‘Inquiry on Brexit: Deal or No Deal?’

The Telegraph: No Brexit deal is not just better than a bad deal — it could be the best deal

Oct 10, 2017

Contrary to the mis-guided “group think” of many of our superannuated (often via civil service or EU pensions) Lordships, the EU are not our friends in the matter of leaving the Union. They are, at the most charitable, our competitors. – EFT Advisor John Longworth

BBC Radio 5’s Wake Up To Money: Patrick Minford on why free trade is best for Britain

Oct 10, 2017

Listen to EFT Chairman Patrick Minford on BBC Radio 5 Live’s ‘Wake Up To Money’, where he argues that free trade is best for the British economy.

EFT Adviser Jacob Rees-Mogg MP asks the Prime Minister about ECJ involvement post-Brexit

Oct 09, 2017

Watch Economists for Free Trade Adviser, Jacob Rees-Mogg MP, ask the Prime Minister about the involvement of the European Court of Justice during the implementation period after Brexit.

BrexitCentral: The Bank of England is finally adjusting to the fact that the Brexit economy is growing steadily

Oct 09, 2017

Governor Carney has been unable to resist the temptation to talk a lot about what he might do, and then promptly to change direction. – Patrick Minford

Daily Telegraph: Without a free trade vision, we may lose our Brexit opportunity

Oct 07, 2017

Instead of being iffy about abandoning the EU regulatory state, the Prime Minister and Chancellor should embrace the offshore potential exhibited by small economies such as Singapore and Hong Kong. – Graeme Leach

Why Brexit is great for the UK and USA: Economist for Free Trade Adviser Rt Hon Owen Paterson MP’s speech to Heritage Foundation

Oct 05, 2017

Expert analysis from Professor Patrick Minford concludes that leaving the Single Market and Customs Union will provide a saving of $400 per household per annum on food bills, or some $10.8 billion overall. – Owen Paterson speaking in Washington D.C.

Patrick Minford debates Willem Buiter at the International Business and Diplomatic Exchange

Oct 05, 2017

The EU has a strong self-interest in not damaging itself by adopting a protectionist stance towards the City – Patrick Minford during a debate with Willem Buiter at the International Business and Diplomatic Exchange

Patrick Minford at Conservative Party Conference: Free trade enhances consumer welfare and increases competition

Oct 05, 2017

Watch Patrick’s barnstorming performance in full here, where he made the case for the £135 billion Brexit boost to the economy calculated by Economists for Free Trade as well as how free trade can enhance consumer welfare and increase competition into the economy.

EFT Adviser Jacob Rees-Mogg at Conservative Party Conference

Oct 05, 2017

Watch Economists for Free Trade Adviser, Jacob Rees-Mogg MP, speak alongside our Chairman Patrick Minford at the Bruges Group event in Manchester – flying the flag for a positive Brexit.

Daily Telegraph: Let’s learn from the bitter Greeks: if it’s time to walk away, then so be it

Oct 04, 2017

Here in Manchester I met two economists, Patrick Minford and Roger Bootle, who say this prognosis is wrong. Their group, Economists for Free Trade, argues that the country will benefit to the tune of £135 billion from Brexit, and any impact on the City, even from the most vertiginous cliff-edge, would be small and short-lived.

Daily Express: Davis: We’re ready for no Brexit deal if that’s what Brussels decides

Oct 04, 2017

Leading economist Patrick Minford told Tories that without a deal international law would require trade and travel to go on almost as normal.

The Times: What politicians should do to kickstart renewal in Britain

Oct 03, 2017

That said, it is clear that significant parts of society feel little hope of improvement in their lives. Even if – especially if – they play by the rules, their efforts will go unrewarded. So there is clearly much to do. – Warwick Lightfoot

Daily Telegraph: We need a Conservative vision that will counteract Labour’s twaddle

Oct 02, 2017

Brexit is not a magic wand. For the UK to do well outside the EU, the economy will have to be well managed. – Roger Bootle

The Sun: Brexit Secretary David Davis is looking at plans to set up an International Treaties Court staffed by British judges

Sep 28, 2017

The plans for a new UK court would protect British sovereignty but are unlikely to satisfy the EU that their people will still be protected. They are the brainchild of Martin Howe QC and barristers Francis Hoar and Dr Gunnar Beck.

Daily Express: David Davis to ‘WRESTLE control from EU’ creating international court staffed by UK judges

Sep 28, 2017

The court will have to gain EU approval in order to go ahead, however, critics will argue that the body is likely to crush Britain’s dreams to gain a sliver of independence. Martin Howe QC and barristers Francis Hoar and Dr Gunnar Beck are the minds behind the laudable independence plan.

BrexitCentral: The UK needs a new court to restore legal supremacy and free us from ECJ oversight

Sep 28, 2017

The nature of the case law of the ECJ – under which it frequently overrides the wording of provisions and imposes on them a meaning which in the view of the Court furthers the aims of European integration – makes the ECJ particularly unsuited to the task of impartial adjudication of bilateral treaty obligations assumed by a non-member state. – Martin Howe QC

MoneyWeek: What Thatcher’s favourite economist thinks about Brexit

Sep 25, 2017

Minford’s latest research argues that, far from damaging the UK economy, Brexit could end up permanently boosting GDP by around 7 per cent, thanks to both reductions in regulatory red tape and freedom to strike new trade deals.

Daily Telegraph: It’s time for Germany to ditch its love of the current account surplus

Sep 25, 2017

Theresa May should be under no illusions that the election result now frees Germany to help the UK by ensuring a smooth Brexit.

The Economist: Patrick Minford responds

Sep 23, 2017

The approach of Economists for Free Trade, which I chair, does not rely solely on unilateral free trade. That is one of the routes for getting to free trade, but we have also supported the route of free-trade agreements – Patrick Minford

Daily Express: ‘The EU is falling apart!’ Brexit and weak pound to see trade boom for UK – top economist

Sep 23, 2017

“The current mess that the European Union is in means that Britain can avoid those problems like bureaucratic red tape and internal divisions and make successful trade deals with other parts of the world. A weaker pound will be a benefit for the country.” – Roger Bootle

The Sun: BREXITEERS HIT BACK

Sep 23, 2017

Professor Patrick Minford said he was “extremely disappointed”, claimed a transitional deal might not be “necessary” and called on the Government to start free trade talks.

BBC News: Firms call for action after May’s Florence speech

Sep 22, 2017

Professor Patrick Minford, chairman of Economists for Free Trade, said: “We are extremely disappointed that the Prime Minister seems to have committed to a vague transitional period of ‘around two years’ at this early stage in the negotiations.”

Financial Times: Boris’s vision of buccaneering Britain

Sep 20, 2017

Economists David Paton, David Blake and Kevin Dowd make a bullish assessment that Britain can benefit from a free trade future after Brexit. They argue that there are flaws in the so-called “gravity model” — often cited by pro-Europeans — which suggest it is better to be close to a big trading block in order to benefit from trade flows.

Radio 4 Today Programme: Eliminating food tariffs will benefit families across Britain, says Owen Paterson MP

Sep 20, 2017

Advisor to Economists for Free Trade, Rt Hon Owen Paterson MP, tells BBC Radio Four’s Today Programme that “if we take off tariffs on food, we can give every single family in the country a £300-plus annual bonus – an £8bn hit upwards to the UK economy.”

The Spectator: Roger Bootle: A post-Brexit Britain could be ‘more open, less protectionist and more competitive’

Sep 19, 2017

One of the City’s best-known economists, Roger Bootle, discusses whether a success could be made from Brexit, just over a year after Britain to leave the European Union.

The Telegraph: The Establishment may not want a Canada-plus Brexit, but it’d most certainly suit the British people

Sep 19, 2017

Big business is furiously lobbying for an “EEA-lite” Brexit…for the UK this is a terrible outcome.

The Conversation: How the UK can benefit from a free trade future after Brexit – even outside the single market

Sep 19, 2017

“The benefits of free trade have been familiar to economists since Adam Smith. Trade encourages specialisation and leads to lower costs, higher productivity and higher living standards” – David Paton, David Blake and Kevin Dowd.

Daily Express: Statistics chief ‘playing politics’

Sep 19, 2017

Economics professor David Paton said the average annual payment, before the rebate’s deduction, to the EU from 2015-2017 “is just over £18billion per year, which works out to about £350million a week”.

BrexitCentral: Boris is right – Brexit does mean taking back full control of £350 million per week

Sep 18, 2017

Given that there will be significant net savings, it would be quite possible to continue all payments and still give “a lot” of our gross payment to the NHS.

Daily Telegraph: ‘The idea that the UK should vote again is scandalous’

Sep 18, 2017

In the final extract from their new book, Liam Halligan and Gerard Lyons explain why a second EU referendum would be disastrous for Britain.

Daily Express: UK economy will grow FASTER after Brexit, even with ‘no deal’ predicts economist

Sep 18, 2017

Patrick Minford hailed the UK’s employment figures, which are rising “relentlessly”, in spite of the “Remoaner lobby” who claim businesses are “traumatised by the uncertainty of Brexit”. 

Daily Telegraph: It’s elementary economics – we are better off with a weaker pound

Sep 18, 2017

Although the lower pound has squeezed consumers’ real incomes, it has simultaneously increased the profits of companies involved in exporting and those competing with imports.

BrexitCentral: The UK economy is growing and will do so faster after Brexit – even in the event of ‘no deal’

Sep 18, 2017

Disappointingly for the ‘Remoaner’ lobby, the economy is going well. Employment continues to rise relentlessly, and unemployment keeps on falling, to levels below what was once thought to be ‘full employment’.

Sunday Telegraph: Never mind Brexit, it’s debt we should fear

Sep 17, 2017

The business of government must go on, no more so than when it comes to fiscal policy. Last week’s announcement the Budget will be held on Wednesday Nov 22 was a reminder that – despite Brexit – big decisions on tax and spending loom.

BrexitCentral: The EU’s thousands of senseless tariffs simply serve to punish the poor

Sep 17, 2017

My all-time favorite in the dumb tariff category has to be the 15 percent tariff on unicycles. One wonders which clown set that.

Sunday Telegraph: The biggest problem with Soft Brexit is that it’s not attainable

Sep 17, 2017

Liam Halligan and Gerard Lyons say the commonly held belief that Britain would be better off inside the single market and customs union is misconceived.

Sky News: No regrets, Brexit is a wonderful opportunity – Sir James Dyson

Sep 14, 2017

Our advisory group member, Sir James Dyson, told Sky News that, unlike Mr Juncker, he harbours no regrets over Brexit, saying that it is a wonderful opportunity to forge trade agreements all over the world.

Radio 4 Today Programme: British business will thrive after a clean Brexit, says Sir James Dyson

Sep 14, 2017

Our advisory group member, Sir James Dyson, says British business will thrive after a clean Brexit.

City A.M.: While Juncker preaches control and protectionism, the UK is still madly trying to please Brussels

Sep 14, 2017

There is so much going on around Brexit, it is easy to lose track of important developments. One recent development in particular has received way too little attention…

Sky News: Roger Bootle discusses how adopting a low tax, low regulation economy is ‘doing Brexit right’

Sep 11, 2017

Watch Roger Bootle discuss how adopting a low tax, low regulation economy is ‘doing Brexit right’ and why leaving the EU will make Britain better off. 

Telegraph: Ignore the naysayers: a competitive pound is positive for our economy

Sep 11, 2017

Just as then, much now hinges on how beneficial the lower exchange rate turns out to be. We have recently heard many pessimistic interpretations.

BrexitCentral: A new model economy post-Brexit will benefit those in Britain who need it most

Sep 04, 2017

It is time for the UK to leave Project Fear in the past and to embrace a prosperous future outside the EU with confidence and optimism.

City AM: A chorus of free trade voices to drown out Remoaner despair

Sep 04, 2017

John Longworth: The coming together of Leave Means Leave, Labour Leave and Economists for Free Trade represents a truly visionary grouping of opinion.

Sunday Telegraph: Poorest will gain most under Brexit, says Labour report

Sep 03, 2017

Britain’s poorest households will be the biggest beneficiaries of Britain’s departure from the European Union, according to a report published by a prominent Labour group.

Belfast Telegraph: Clean break could boost poorer households, Brexit-backing economists claim

Sep 03, 2017

The report suggests that some of the poorest households would gain up to £44 as a result of lower food prices, cheaper rents and improved wages due to restrictions on unskilled migrant workers.

Daily Express: Transition period ‘would leave Britain worse off and could keep UK tied to bloc’

Sep 03, 2017

KEEPING Britain shackled to ­European Union rules for years to come would make the UK worse off – and risk effectively never leaving the bloc, Brexit backers warned today.

The Sun on Sunday: Britain’s poorest families will be £2,288 a year better off ‘thanks to Brexit’ as groceries and rent will tumble

Sep 03, 2017

John Mills, chairman of Labour Leave, said quitting the EU will transform the “sluggish economy”.

The Telegraph: How the single market may be less of a benefit than you think

Sep 02, 2017

Roger Bootle explores  the myths and delusions around trading in the union.

Brexit Podcast: Patrick Minford on the £135 billion benefits of Brexit

Aug 31, 2017

Patrick Minford joins Brexit Podcast’s Tim Heming to explain why his view bucks the trend of many economists, as he cites the removal of protectionism, subsidies paid out to unskilled immigrants and our annual membership of the European Union as chief factors in why we’ll soon all be better off.

Reaction: It’s not our problem how Europe fares after we leave the Customs Union

Aug 24, 2017

The preference of Economists for Free Trade – a group of 16 economists, including myself – is for universal free trade.

City A.M.: Ten reasons why true free trade is key to making Brexit a success

Aug 24, 2017

In the wake of the General Election result we feel there is a need to yet again help the public understand just how important true free trade is and would be to future prosperity.

The Daily Express: UK economy to BOOM without ‘destructive cack-handed’ EU holding us back, economists boast

Aug 24, 2017

In their latest paper the group added the “excessive regulatory zeal” of the Brussels bureaucracy have held back growth.

The Telegraph: We cannot be fooled by the myth of EU economic success

Aug 24, 2017

Is the EU likely to make good decisions about these threats and opportunities? This issue turns on the quality of governance in the EU. And the conclusion is not favourable.

The Sun: Britain will boom once free from the EU’s ‘destructive policies’, top economist claims

Aug 24, 2017

While the leaders of the rapidly growing countries of Asia were busying themselves with the fundamentals of economic growth, in Europe their equivalents were obsessed with unnecessary and damaging integrations.

City A.M. Debate: Is the Economists for Free Trade £135bn figure realistic?

Aug 22, 2017

The impact of unilateral free trade on an economy is not rocket science, but it is enormously powerful. EU membership means surrounding the UK with a protectionist wall from tariffs against the rest of the world.

Bloomberg: Why Professor Minford Says Brexit Will Boost U.K. Economy

Aug 21, 2017

Watch Patrick Minford discuss with Bloomberg why leaving the single market and customs union could add £135 billion to the UK economy.

The Telegraph: The British economy has exposed how terrible the pro-EU side’s Project Fear really was

Aug 21, 2017

Project Fear was some of the tackiest propaganda ever to have appeared in Britain’s public debate; it was all the more deplorable, in that the so-called “research” on which it relied came from Her Majesty’s Treasury.

The Guardian: Will Brexit boost or hurt the economy?

Aug 21, 2017

Predictably, our estimates have triggered howls of protest and derision from the economists who aligned themselves with “project fear”. However that project was founded on two main planks: the assumption that Brexit UK would pursue protectionist and other illiberal policies, and the use of a “gravity” trade model.

BBC Radio 4 Today Programme: Professor Patrick Minford – ‘From Project Fear to Project Prosperity’

Aug 21, 2017

Listen to Professor Patrick Minford on BBC Radio 4’s Today Programme discussing ‘From Project Fear to Project Prosperity’.

The Telegraph: Finally, some refreshing optimism on Brexit and free trade

Aug 21, 2017

The Brexit talks that began last month have focused so far on the so-called bill for leaving the EU and citizenship rights. But the biggest fight will come over trade, an issue that the EU declines to address until substantial progress has been made on the first two.

The Sun: Time is running out for EU to do a good deal with us over Brexit — as Europe risks signing its own death warrant

Aug 21, 2017

A friendly deal with open markets would be a boom to both the EU and the UK — with trade continuing to move freely and cheaply across Europe.

BrexitCentral: It’s time to ditch Project Fear for Project Prosperity and embrace the Brexit boom

Aug 21, 2017

Now voters on both sides want the country to pull together to achieve the best deal possible for the UK. And make no mistake: leaving the single market and customs union provide huge opportunities for the UK economy.

CapX: Why only a hard Brexit will do

Aug 21, 2017

All students of economics will be familiar with what is commonly known as the Economic Problem: what to produce, how to produce, and who gets what?

The Times: Best hope for free trade is to have principles

Aug 21, 2017

After Brexit, Britain should try unilateral free trade no matter what everybody else does — and even if the United States turns more protectionist.

City A.M.: The City must prepare for an £135bn per year Brexit boost

Aug 21, 2017

It is this spirit of global free trade that the UK can now rediscover by combining the exit from the EU’s restrictive single market and customs union with opening up our economy to the positive effects of full competition.

The Telegraph: A ‘cliff-edge’ Brexit is just another name for Project Fear

Aug 20, 2017

The referendum campaign continues. Proposals for transition periods and the various scare stories concerning a “cliff-edge” are really Project Fear in disguise.

Channel 4 News: Professor Patrick Minford – ‘From Project Fear to Project Prosperity’

Aug 20, 2017

Watch Professor Patrick Minford on Channel 4 News discuss ‘From Project Fear to Project Prosperity’.

Forbes: Hard Brexit Gains UK Economy £135 Billion – More Than Any Other Arrangement

Aug 20, 2017

The important thing to understand here is that Minford is correct–the only intellectually or practically justified trade stance to have is one of unilateral free trade.

City A.M.: This group of pro-Brexit economists says leaving the EU will add £135bn to economy

Aug 20, 2017

Economists for Free Trade (EFT), formerly known as Economists for Brexit, calculate that a so-called hard Brexit would lead to a surge in national output worth around £5,000 a year for every household on average.

The Sunday Telegraph: Ignore silly season, Brexit is still on track

Aug 20, 2017

The only forecasters who predicted this outcome were Economists for Brexit – a group of nonaligned academics and industry analysts who relaunch this weekend as Economists for Free Trade.

The Sun on Sunday: Households will be £40 a week richer post-Brexit as UK imports tariff-free goods and increases output, experts claim

Aug 20, 2017

Britain’s economy could enjoy a Brexit boost worth £135billion a year, according to a glowing assessment by a group of 16 leading economists. They say there is mounting evidence that quitting Europe’s trade barriers will transform our prospects over the next decade.

The Sunday Times: Brexit negotiations: Let us talk trade deals now, David Davis tells EU

Aug 20, 2017

Looking ahead to life outside the EU, a report by a team of economists is published today which claims Brexit could boost the UK economy by £135bn a year.

BBC News: ‘Hard’ Brexit offers ‘£135bn annual boost’ to economy

Aug 20, 2017

A “hard” Brexit is “economically much superior to soft” argues Prof Patrick Minford, lead author of a report from Economists for Free Trade.

The Week: Hard Brexit ‘would offer £135bn annual economic boost’

Aug 20, 2017

A group of pro-Brexit economists say removing all trade tariffs and barriers would help generate an annual £135bn uplift to the UK economy.

The Sun on Sunday: Trust the man on the right side of history after Patrick Minford says Britain’s economy is actually set for a Brexit boost

Aug 20, 2017

Minford also found himself in a tiny minority 35 years later as George Osborne’s Project Fear warned of an immediate collapse of the economy if we voted for Brexit. It never came and Minford again found himself on the winning side.

Politics Home: Removing tariffs could mean £135bn annual boost to economy, claim pro-Brexit economists

Aug 20, 2017

A British market “flooded with less expensive goods from elsewhere” would immediately put European exporters at a disadvantage, Prof Minford argues in his introduction to the report.

The Telegraph: Stop talking Britain down, Remainers: We hold the aces, and the EU is desperate for a deal

Aug 14, 2017

The plain fact is Britain is under no legal obligation at all to pay anything to the EU and, if we do come to a financial arrangement, it should be a straightforward business transaction.

The Times: I am more confident than ever about Brexit

Aug 14, 2017

Matt Ridley: The robust economy set against the appalling behaviour of the European Commission shows we’re far better off out of it

The Telegraph: With the right financial services deal a transition period could be avoided

Aug 12, 2017

As the UK negotiates its EU financial services trade position post-Brexit, UK negotiators need to be clear what they want.

The Telegraph: Brexit Britain should take note of European judges, but it shouldn’t be ruled by them

Aug 08, 2017

The starting point is that after Brexit the ECJ will lose its British judge and other personnel. It will become a fully foreign court, entirely answerable to a group of foreign countries.

Conservative Home: The right post-Brexit farming policy could unleash agricultural innovation and lighten the load on consumers

Aug 01, 2017

A protective Common External Tariff raises the costs of EU goods and food in relation to world prices.

The Telegraph: Ireland may fancy its chances outside the EU

Jul 29, 2017

The EU has spent almost a decade trying to hammer out a US trade deal. Negotiating as a bloc of countries, often with conflicting objectives, is one reason Brussels has cut so few meaningful trade agreements.

Daily Express: ‘Why should we pay?’ Economist blasts pro-EU lobbyist over cost of unskilled workers

Jul 27, 2017

Professor Patrick Minford, chairman of Economists for Free Trade (EFT), hit out at Tim Thomas, who said workers from the EU benefited “everyone” in the UK.

The Telegraph: It’s time to inject some sense into immigration policy

Jul 22, 2017

The Brexit vote was “overwhelmingly” fuelled by “elderly people obsessed with immigration”, said Vince Cable in early July, sizing up the job of Liberal Democrat leader.

Brexit Central: The disadvantages of Single Market membership remain as clear as ever

Jul 16, 2017

Many of the arguments in favour of the UK remaining a member of the Customs Union or Single Market, by way of EFTA or the EEA, have been resuscitated in the light of the election.

The Telegraph: We need a new vision to fight the religion of European integration

Jul 02, 2017

Why do so many intelligent and well-meaning people wish to stay in the EU?  Some do so because they believe one or more of the fallacious arguments that I attacked last week. I hope my duck shoot gave them food for thought.


For any media coverage older than Summer 2017, please click here.

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