But he said Brexit was not the biggest challenge facing Britain, and he now believed the economy would perform better than expected over the coming years, helped by strong growth in China and the US. 'Because of course, in principle, I share the views of many that Brexit is a really weird thing for the UK to impose on itself from an economic perspective.' Saying he believed UK growth would be upgraded for the next couple of years, Lord O'Neill said: 'I certainly wouldn't have thought the UK economy would be as robust as it currently seems.' 'Now, my own view is if we go for a really hard Brexit or a no-deal Brexit, we'll probably suffer more than that 3 per cent. European Council president Donald Tusk is said to be orchestrating a high-risk 'forgive and forget' strategy to encourage the UK to change course.

Source: Daily Mail January 22, 2018 09:11 UTC