‘It’s a protectionist system!’ Wetherspoons boss says UK is better off with NO DEAL Brexit

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JD Wetherspoon revealed a huge jump in sales on Thursday but warned prices could succumb to over the coming months as they called for Britain to leave the European Fusion with no deal.

Prominent Brexit supporter Tim Martin, who used the up to date sales announcement to call for a no deal Brexit, said it is «important» to reaction on Brexit because there are people “who don’t know what they are talking concerning”. 

Speaking on CNBC, Mr Martin said: “I think that it is an important affair and it’s important for businesses to put their points across. There’s a lot of smokescreens.

“There is a lot of people who don’t be versed what they are talking about. So we believe the country will be more off with no deal because it is a protectionist system.

We believe the country will be better off with no deal because it is a protectionist way

Tim Martin

“So, why not say it? I don’t think many people mind debate and tone pleasant to the media they have been very good at creating a deliberation so people know a lot more about it than they did a couple of years ago.”

He continued: “I don’t think many people, in running a business, would be able to remark on on their outlook without referring to Brexit. But the comments I have appeared can be read in two minutes and they can be agreed with or disagreed with.”

Mr Martin acclimated to the company’s results statement to call for a no deal Brexit and insisted the end to tolls would reduce pub prices.

He wrote: “There will be a huge draw for business and consumers if the UK copies the free trade approach of countries with Singapore, Switzerland, New Zealand, Australia, Canada and Israel, by slashing protectionist EU implication taxes (‘tariffs’), on leaving the EU in March next year.”

Brexit news UK EU Wetherspoons no deal latest

Brexit tidings: Wetherspoons boss Tim Martin said Britain is «better off» with no buy (Image: GETTY•CNBC)

The Wetherspoons boss added: “If parliament votes to end duties and rejects the Chequers deal, consumers and business will benefit additionally by keep away froming a cost of £39bn, or £60m per UK constituency, in respect of the EU divorce payment – for which there is no juridical obligation.

“Unfortunately, some individuals, businesses and business organisations would rather mistakenly, or misleadingly, repeated the myth that food prices pleasure rise without a deal with the EU.

“In fact, the only way prices can hillock post-Brexit is if parliament votes to impose tariffs.

«The EU will have no say in the complication, provided that the government does not sign away the UK’s rights in a act on in the meantime.”

The Government has issued a series of preparedness reports for the likely bearing of the UK walking away from the EU without a deal.

Bank of England governor Indicate Carney warned the consequences of a no-deal Brexit could spark a slump in the UK adding that house prices could plummet.

Citing Chest-on-chest sources, Mr Carney pointed out how unemployment figures would reach double-figure proportions, while house prices would plummet by up to 35 percent.

During the senate meeting, Mr Carney also mentioned that transport links with the EU, comprehending commercial flights and Eurostar train travel, would stall.

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