Brussels nightmare: Losing UK will cost 60 billion in just two years – bombshell analysis – Daily Express

And pro-Brexit think tank Facts4EU has concluded that the EUs economy has already shrunk by well over 2 trillion as a result of the UKs decision to quit. Former Brexit Party MEP Ben Habib has hailed the research as proof that Project Fear doubters had been wrong all along.

The truth was always the inverse. It is the EU that needs us and our markets.

Mr Habib added: This work undertaken byFacts4EU.Orgreveals clearly the damage done to the EUs economy by the UK departing their failing project.

We should have marshalled this negotiating strength and driven a tougher bargain for ourselves.

In any event it is good to see yet another leg of project fear dismantled.

The figures also underlined the wisdom of severing ties with Brussels, Mr Habib said.

He explained: The EUs economy is forecast to become as ever smaller part of Global GDP.

Growth is not in the EU, it is elsewhere.

And that is where we should trade.

Former UKIP MEP David Campbell Bannerman added: The EU has lost its biggest single export market as a member - 15 percent of all its former GDP.

No wonder it is feeling these effects.

"Instead of trying to make life difficult for the UK for leaving, the EU needs to be far more cooperative and helpful - for its own sake.

Professor Daniel Hodson, chairman of the recently launched CityUnited project as well as of The City for Britain, said: They dont seem to want to recognise the new reality.

Let's look forward to the day when they come to realise, dump the politics, and deal with us constructively as a partner.

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Brussels nightmare: Losing UK will cost 60 billion in just two years - bombshell analysis - Daily Express