Trade minister: Brexit doom-mongers like myself were wrong

Catherine Neilan
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The Conservatives Hold Their Annual Party Conference - Day 4
Fox told the Commons there was "no difference" between him and Hammond (Source: Getty)

International trade minister Mark Garnier has said pro-Remain "doom-mongers" - including himself - have been proven wrong about the impact of Brexit on inward investment into the UK.

Speaking in the House of Commons this morning, Garnier said: "Since the Brexit vote we are seeing a huge number of investment projects coming into the UK that are creating new jobs.

"Doom-mongers like myself who during the referendum were part of the Project Fear campaign have been proved wrong. I think it is important that we stand up and say so far we have not got this right and that is incredibly good news for both Britain and our individual constituencies."

Garnier, speaking alongside international trade secretary Liam Fox, added that it was the "duty of everybody of this house to support all those businesses and to talk up the British Isles when they travel, not just abroad but across the UK."

Although Garnier's comments could be seen as undermining Philip Hammond, who has been accused by many of being an "Eeyore" about Brexit's impact on the economy, Fox stood firm with the beleaguered chancellor, defending him over claims the Treasury is not allocating money for a "no deal" ahead of time.

Fox said: "There is no difference between the chancellor and myself. The chancellor says that we need to spend money only as necessary. I think that’s correct. But we also need to be sure that we spend money on all areas where contingency plans are necessary."

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