Friday, 25 November 2016

The Independent: Tory splits on Europe laid bare as ex-cabinet ministers attack Brexiteers over economic damage from leaving EU

The Independent: Tory splits on Europe laid bare as ex-cabinet ministers attack Brexiteers over economic damage from leaving EU

Former Conservative cabinet ministers have slammed Brexiteer Tories who attacked the UK’s official forecaster for predicting economic gloom as Britain leaves the EU.

Ex-education secretary Nicky Morgan said Brexit-backing Tories who criticised the Office for Budget Responsibility (OBR) after it said the UK faced a £122bn budget black hole, appeared “frightened” of the body’s forecasts.

Former attorney general Dominic Grieve accused those criticising the OBR of making a “serious error” and failing to act in the national interest.

The body predicted Brexit will cut UK GDP growth by 2.4 per cent by 2020 and that the Government will need to borrow an extra £122bn to cover costs, £60bn of which directly stem from uncertainty caused by the EU referendum.

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