Brexit: 'We need to look at OECD survey rationally rather than view it as traitorous', says Peter Hain

Brexit: 'We need to look at OECD survey rationally over thinking it's a traitorous event', says Peter Hain

Angel Gurria from the OCED delivered the report on Tuesday

Wednesday, October 18, 2017

Lord Peter Hain has called for rational thought in regard to the Organisation for Economic Co-operation and Development report which was made public on Tuesday. 

In a meeting with Chancellor Philip Hammond, the OECD said it forecasted that the negative impacts of Brexit could be reversed with a major political decision - like a second referendum. 

It warned a slow decline could occur if Britain distanced itself from the EU, and called for the country to call upon the spirit it took during the Blitz to get through. 

Hain, a former Labour MP for Neath and a minister under Tony Blair, said the OECD is a "highly respected" organisation. 

He told Julia Hartley-Brewer: "There’s a human cry among Brexiteers like yourself that they have the gall to express their point of view.

"[But the OECD[ retain a lot of expert economists, and I think we should take them seriously.

"We need to look at this coolly and rationally, rather than think it’s a traitorous event for a Paris-based think tank to express concern about the consequences of Brexit when most British commentators are saying the exact same thing.”

Listen above.