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"Beneath the “smoke and mirrors” of the government’s approach lies old-school profiteering little different from predatory payday loan companies."

FDI will be critical to match the country's need for capital.

“While the Prime Minister said no deal is a ‘good outcome’ our report shows that it may lead to significant disruption and will have a significant negative economic impact."

Government and corporations will again balance the costs of a long-term stimulus on the backs of the poor

If a “typical” free trade agreement is struck with Brussels, the Office for Budget Responsibility predicted a 5.2 per cent loss of potential GDP over the next 15 years after Brexit.

The UK has suffered the largest recession of any G7 country as well as the highest excess death rate in Europe.

"The UK economy has underperformed its peers to an extraordinary degree", one economist said.

Experts expect the Office for National Statistics to confirm a mammoth 21% fall in GDP between April and June.

“It was like a nuclear explosion,” one witness said.