Conservative backbench MP Jacob Rees-Mogg, welcoming today’s Economists for Free Trade report predicting a bright post-Brexit future for the UK economy, remarked that the loss of the UK’s £9 billion per annum net contribution to the budget would render the EU ‘effectively insolvent’, according to the Guardian.
They should therefore be threatened with immediate suspension of the UK’s payments, forcing the EU to do a deal. Nine billion divided by the EU-27 population of 450 million works out at £20 per capita per annum.
Mr. Rees-Mogg has been described as a possible future leader of the Conservative party and has performed strongly in straw polls of party activists.
Is it OK if I lie down for a while?