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Breaking his silence with his first political speech since last year's EU referendum, the former prime minister warned that the country was on the brink of a "politically explosive" row about the true financial cost of breaking ties with Brussels.
He also accused Brexit supporters of being excessively optimistic about the expected gains from leaving and raised concerns that the UK could end up being far too dependent on the US.
"The British people have been led to expect a future that seems to be unreal and over-optimistic," he said.