Spend £39bn EU bill on tax cuts for businesses in a No Deal Brexit, demands Dominic Raab
The former Brexit Secretary said they need to be protected from the effects of departing on WTO terms
BUSINESSES should get tax breaks in the event of a No Deal Brexit, Dominic Raab has said.
He said: “We should cut business taxes to boost them as they transition and offset the cost from the £39billion the UK would have paid the EU.”
But Mr Raab who quit the Cabinet in November, insisted No Deal was better than what Mrs May was offering. He wrote: “Yes, we might risk up to six months of significant — but manageable — disruption. But better that than to be trapped in a lousy deal that cries out to be torn up from the moment the ink is dry, suffocates the opportunities of Brexit, and prevents us as a country from moving on.”
Meanwhile, hardline Tory Brexiteers have ditched the civil war with Mrs May as they now believe the UK is heading for a clean Brexit, the Sun can reveal.
Senior ERG figures have agreed to give her a “period of tranquillity” as Cabinet support grows for a managed No Deal.
Foreign Secretary Jeremy Hunt has said Britain would prosper without a deal and the PM moved to kill off referendum calls.
Some 30 Tory Brexiteers met on Monday night to discuss tactics.
Ex-Tory party leader Iain Duncan Smith told The Sun: “We are now able to get behind the Prime Minister as she’s moving in the right direction.”
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