Former Brexit Minister highlights the economic advantages of a no-deal EU exit

Suella Braverman on Brexit
For Suella Braverman, a no deal Brexit is preferable to a bad deal. Photo: Leave EU

Suella Braverman, who resigned as a Brexit minister last month in protest at Theresa May’s deal with the EU which is currently being debated in Parliament, has been the latest to talk up the benefits of walking away from the European Union without a deal.

While the British MP, whose parents emigrated from Kenya to the UK in the 1960’s, has admitted that leaving without a deal would present “a challenge” there would be “significant” benefits moving forward, making it a better option than Theresa May’s plan.

Speaking to the Press Association she said: “No Deal will be a challenge, No Deal will definitely present some practical issues, and obviously a deal is preferable, but it will by no means be the catastrophe that some people are portraying.

“In many ways there are some significant medium to long-term economic benefits from No Deal, by opening our markets to global producers from outside of the EU we will increase competition, we will increase choice.”

She has also criticised the Project Fear tactics of those who want the UK to remain in the EU, saying: “They completely exaggerate the benefits of our membership with the EU, and they minimise any of the opportunities from free trade agreements with other countries and they overplay the obstacles presented from coming out of the EU in a way that doesn’t match reality.”

When it comes to a choice between trading on World Trade rules compared to Theresa May’s proposal, Braverman’s opinion is clear: “There are challenges to No Deal but it would be definitely better than this deal. To coin the phrase ‘No Deal is better than a bad deal’ – that’s exactly the situation we’re in now.”

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