Tuesday, 26 Nov 2024

Brexit boost: Javid boasts UK is now surging past France and Germany as EU economy sinks

Boris Johnson’s chancellor Sajid Javid challenged claims the UK was not ready for a no deal Brexit by pointing to Britain’s growing economy. Mr Javid dismissed fears by simply pointing to the latest IMF forecasts that put the UK economy growing at a faster pace than France, Germany and Italy this year. The politician’s rebuke came during a visit to to Tilbury docks in Essex, alongside the new Home Secretary Priti Patel.

The pair announced a huge £2.1billion to “turbo-charge” Britain ahead of an expected no deal departure from the EU.

The move was designed to show Brussels that the UK is ready and willing to deal with leaving without a deal in three months time.

Yesterday, eurozone figures showed the leading European economies like Germany and France grinding to a halt, amid concern over a no deal Brexit.

During his visit to the ports, Mr Javid announced an immediate cash boost of £1.1bilion, with a further £1billion available if necessary, taking the total allocation of spending up to £6.3bn.

Speaking to reporters, the Tory MP praised the UK economy as “fundamentally strong”.

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Announcing the new spending splurge, Mr Javid said: “In 91 days we will be leaving the EU. We want to leave with a good deal – something that abolishes the undemocratic backstop.

“But, if we don’t get that good deal, we will be leaving with no deal.

“Since I’ve arrived at the Treasury I have turbocharged our preparations, both at the Treasury and helping across Government, to prepare for no deal.

“Not because we want it. But we have to be prepared because we will be leaving on 31 October.”

The Treasury claimed this will double Brexit funding for this year,

The no deal funds will be used to recruit 500 more border force officers, ensure the availability of vital medicines and launch an advertising blitz to help businesses and individuals get ready for a hard Brexit.

The chances of a no deal exit by the end of October have risen since Boris Johnson became Prime Minister, who promised the UK will be leaving “come what may”.

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He added: “Our economy is fundamentally strong, so today we can make many choices.

”We can choose to invest in schools, our hospitals, our fantastic police, for example, but we can also prepare to exit the EU and if that means leaving with no deal that is exactly what we are going to do.”

Responding to the announcement, Shadow Chancellor John McDonnell said: “This is an appalling waste of taxpayers’ cash, all for the sake of Boris Johnson’s drive towards a totally avoidable no deal.

“Labour is a party for the whole of the UK, so we’ll do all we can to block a no deal, crash-out Brexit – and we’ll deliver a transformative economic policy that delivers for the many, not the few.”

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