Collapse of Brexit talks with the EU would be fine, Boris Johnson says

The Foreign Secretary has said it would be “perfectly OK” for Britain to fail to negotiate a trade deal with the EU and crash out of the bloc on the hardest WTO terms.

Boris Johnson criticised “apocalyptic” warnings that the approach would spell disaster and said Britain’s “robust economy” would allow it to make trade deals with the rest of the world to compensate.

His comments come after The Independent revealed that Treasury officials believe such an episode would trigger an “economic shock” and have “the most negative long-term impact” on the UK of all the ways of doing Brexit.

George Osborne,

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