Lies, Falsehoods and Misrepresentations from Boris Johnson to Rishi Sunak

‎”What I don’t accept is the premise that Brexit will make us poorer”

Jeremy Hunt, Chancellor of the Exchequer, BBC

Facts

When asked whether Brexit has meant that the economy has grown slower than it otherwise might have, Hunt responded that, “What I don’t accept is the premise that Brexit will make us poorer.”

The Office for Budget Responsibility reported that Brexit would ultimately reduce productivity and UK gross domestic product by 4 per cent compared with a world where the country remained inside the EU.

The Financial Times estimates that level of decline, worth about £100bn a year in lost output, to result in lost revenues for the Treasury of roughly £40bn a year.

Verdict

Hunt’s analysis is wrong – worrying given that he is in charge of the national finances. 

Like many other Conservative ministers Jeremy Hunt is in a state of denial regarding the impact of Brexit.

We emailed Jeremy Hunt’s office and HM Treasury offering them the chance to respond. The email was received by both, but no response.

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