Without the shackles of Brussels, Britain would be free to buy imported goods at world prices instead of inflated EU prices, leaving hard pressed families far better off, he said.
The world-renowned economist’s findings shatter the main plank of the pro-Europe argument and add weight to the Daily Express crusade to get Britain out. Professor Minford’s calculations, revealed to the Foreign Affairs Committee, show that cutting ties with Brussels could be “life saving” for low-paid workers and pensioners.
Ukip trade spokesman William Dartmouth MEP said: “The EU costs each of us money every single day of our lives. What Professor Minford told the Select Committee must be taken very seriously indeed.”
Andy Wigmore, of Leave.eu said: “This just goes to show that the impact on leaving the EU could have a dramatic effect on ordinary people.”
Professor Minford, head of the business school at Cardiff University, said Britain would be better off leaving the bloc and trading on the global market without Brussels imposed restrictions on which countries it could deal with.Express.
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