Chancellor rubbishes his own advisers and denies Brexit ‘will make us poorer’

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Jeremy Hunt has rubbished the forecasts of his own economic watchdog and declared he does not accept Brexit “will make us poorer”.

In a fractious interview, the chancellor was confronted with his watchdog’s analysis that leaving the EU will swipe £100bn from output and £40bn from revenues by the decade’s end.

But Mr Hunt, asked about that Office for Budget Responsibility (OBR) analysis of a 4 per cent GDP slump, replied: “I don’t accept the 4 per cent.”