Wetherspoon boss Tim Martin has said fears over a No Deal Brexit are ‘factually incorrect and highly misleading’.
Martin said: “The misinformation from directors and trade organisations seems to be designed to support the view that staying in the EU for an additional two years is necessary to avoid a ‘cliff edge’.
“There is no cliff edge. Wetherspoon is ready now to leave the EU, since almost no preparation is required – as is almost certainly the case for Sainsbury’s and Whitbread, and the vast majority of companies.
“The lowest food prices can be obtained by the UK, without the need for the agreement or consent of any third party, by avoiding a ‘transitional deal’ – which would keep EU tariffs in place – and leaving the EU in March 2019,” Martin said.
“This would enable the UK to scrap EU food tariffs, as permitted under World Trade Organisation rules, on food imported from outside the EU. Under WTO rules, tariffs would not then be charged on imports from the EU either.”