Not all doom and gloom over Brexit

SIR, – The never-ending hysterical forecasts of Brexit doom and gloom are utterly depressing and generally have little or no substance.

It should be appreciated that most economic forecasts have a very low probability of ever being correct. Economic forecasters have been unable to forecast any of the recent major or minor crashes or drops in the market even a very short time before they occur.

To then predict a further

15 years into the future is therefore complete and utter poppycock.

If anything, the apparent broad consensus among most forecasters suggests none of them really have a clue. The models used may well be similar, but they have no genuine scientific basis and are just opinion and pure speculative supposition.

Any significant change in circumstance can result in short-term uncertainty and no doubt will include some unintended consequences. However, I honestly believe that the UK has the ability and resources to respond and overcome any of these difficulties. We have a certain resilience and reputation. The alternative would be to give up and stay in bed with the EU.

We still have two real options. We could “half ” leave by joining the EEA with a Norwegian-style agreement or we could negotiate a Free Trade Agreement during the transition period with a Canadaplus FTA as part of WTO terms.

Finally, we have two unreal options. The first is leaving without any agreement. The second is the Chequers deal nonsense which is unfortunately a figment of Theresa May’s limited imagination.