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Roger Bootle bragged that Britain’s vote to leave the EU was not a disaster like many economists had predicted.
The managing director of economic research consultancy Capital Economics said: “The economy is not that bad, but pessimism sells better than optimism.
"You could be forgiven for thinking the UK is going to hell in a handcart — well, it isn't. Things are actually looking pretty good.”
Mr Bootle labelled the single market as a “disaster” and slammed its “fading” importance.
Even by the European Commission’s own predictions, “over the next 10 to 15 years, 90 per cent of world demand will be generated outside Europe” – highlighting its regressing status.