NIGEL Farage has admitted that “Brexit has failed” in an interview after he was read a list of disastrous facts about the UK economy.
While appearing on Newsnight, Farage heard that 53% of people said it was wrong to vote to leave the EU, the fact the UK has the only economy in the G7 that has not returned to pre-pandemic levels and that business investment has lagged behind comparable economies.
He also laughed off the OBR’s forecast of a 4% hit to the economy “over the medium to long-term”, which amounts to around £40 billion in tax revenues.
When it was put to Farage that the UK would have been better off had it remained in the EU, he replied: “I don’t think that for a moment. But what I do think is we haven’t actually benefitted from Brexit economically.
‘Brexit has failed’ GB News presenter Nigel Farage admits after he is read a list of negative facts about the UK economy https://t.co/P0zxS1DNGF pic.twitter.com/mUrnHee5mb
— BBC Newsnight (@BBCNewsnight) May 15, 2023
“I mean what Brexit has proved, I’m afraid, is that our politicians are about as useless as the commissioners in Brussels were.
“We have mismanaged this totally and if you look at simple things, simple things such as takeovers, such as corporation tax, we are driving business away from our country.
“Arguably, now we’re back in control, we’re regulating our own businesses even more than they were as EU members. Brexit has failed.”
He added that the Tories have let the country down “very, very badly”.
Nigel Farage - "Brexit has failed" Nigel Farage - "If brexit is a disaster, I will go & live abroad" What's keeping you? pic.twitter.com/lEGgwHDDhv
— Haggis_UK 🇬🇧 🇪🇺 (@Haggis_UK) May 16, 2023
One Twitter user shared Farage’s admission alongside a video of him claiming he would “go and live abroad” if Brexit “was a disaster”.
At the end of April, the UK Government faced increase demands to properly explore the effects of leaving the EU.
At the time, the SNP’s Europe spokesperson said that Scotland had been “forced out against their will”.
The UK voted to leave the EU by 52% to 48% back in 2016. However, 62% of Scotland voted to remain while just 38% voted to leave.
Likewise, 55.8% of Northern Ireland voted to stay in the EU while 44.2% voted for Brexit.
