Conservative Brexiter, Bernard Jenkin has accused Jaguar Land Rover boss, Ralf Speth of “making up” warnings over the consequences of a no-deal Brexit in a recent speech.
Jenkin, the MP for Harwich and North Essex, stated that people no longer believed the “scaremongers” in the debate of a no-deal Brexit.
Speaking to BBC Radio 4, Jenkin said: “I’m afraid I think he’s making it up. We’ve had figures made up all the time by the scaremongers in this debate, and I’m afraid nobody believes them.”
The original comments made by the boss of Britain’s biggest car manufacturer came at an event also addressed by Theresa May, in which Speth said in the event of a no-deal Brexit, the company’s factories could grind to a halt and “tens of thousands” of jobs could be lost.
Continuing on, Speth said Jaguar Land Rover was committed to the UK but warned a hard Brexit would wipe out profits – at a cost of £1.2bn a year.
He said: “What decisions will we be forced to make if Brexit means not merely that costs go up, but that we cannot physically build cars on time and on budget in the UK?”