Farage ‘100% confident’ UK to be £9billion better off on Jan 1 with no deal Brexit tariffs

Brexit: Boris Johnson criticises ‘ratchet clause’ from EU

The Brexit Party leader has rubbished claims a no deal Brexit will leave the UK in a dire economic position. Instead, Mr Farage claims the UK could be up to £9billion better off after trade tariffs.

Speaking to Sky News, the Brexiteer said the UK should have left the EU in 2016, following the Brexit referendum.

He said: “We should have left four years ago and whatever short term bumps in the road there may or may not have been should have been dealt with then.”

The staunch campaigner then detailed how a no deal Brexit will leave the UK better off, rubbishing claims it would harm the economy.

He said: “When it comes to businesses that would suffer a short term hit on tariffs, well look at it this way.

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“If the EU charges us tariffs and we charge them tariffs we will be better off to the tune of £7/£8/£9billion a year.

“So we will be able, from a short term, to help anybody that is disadvantaged.

“But remember this all the terrible predictions, economic predictions, about what would go wrong if we even dared to vote Brexit.

“None of those have come true.

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“Any short term problem is, of course, dwarfed anyway by the pandemic.

“And by being free of the single market, by being able to set our own regulation.

“I’m 100 percent confident that that is the path to a more prosperous Britain in the next few years.”

Mr Farage was a key player in securing the 2016 EU referendum and its outcome.

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Since the UK entered negotiations with the EU he has been a vocal critic of the state of the talks and has sought to ensure Boris Johnson doesn’t renegade on promises he made in the lead up to the December 2019 election.

He has recently urged the Prime Minister not to agree a “sell-out” deal with the bloc, as both sides scramble to get a deal over the line.

But this afternoon Mr Johnson said it is “very, very likely” the UK will fail to strike a trade agreement with the EU.

The Prime Minister told reporters on a visit to Blyth in Northumberland that the Government was “always hopeful” and that “we’ve got our teams still out there in Brussels”.

He continued: “But I’ve got to tell that from where I stand now, here in Blyth, it is looking very, very likely that we will have to go for a solution that I think would be wonderful for the UK … and come out on World Trade terms [with no deal].”

European Commission President Ursula von der Leyen made similar comments on Friday.

She told EU leaders that a no deal Brexit was the most likely outcome of the negotiations.

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