Lord Digby Jones has said that the “uncertainty” throughout the Brexit negotiations is what has “killed” business, and other areas of the UK.
However, he welcomed the European Commission’s plan for a no-deal scenario, which includes all UK citizens from being exempt from visa requirements, as long as EU citizens are treated the same by the UK.
Lord Jones told talkRADIO’s Julia Hartley-Brewer: “What has killed us all, whether it is business, the voter or the media, is the uncertainty of all of this.”
He added that the European Commission’s plans for a no-deal were ‘grown-up’ after a lot of “posturing” by the “political class”.
“I think this is a little word called ‘grown-up’ and I am rather pleased with it,” he said.
“Yesterday’s move by the European Union, who has been disgusting in their bullying, was very sensible.
“All they are saying is 520 million people in the European Union are living in peace and getting on with their business.
“What has it got to do with a load of politically prostrating politicians in London and a load of unelected, unaccountable people in Brussels?”
'People are fed up with the political class'
Lord Jones warned that the implementation of the European Commission's plans may not be smooth.
He added: “I think there will be a real problem in terms of implementation of this but I welcome this today.
“And, I welcome what the British government is doing. The people going to work today are fed up of the political class posturing on this.
“They just want to ensure that the political classes deliver something that works for them.”
The European Commission also promised measures to avoid "full interruption" of air traffic between the EU and UK.
EU countries are also being encouraged to take "all possible steps" to protect social security rights of UK expats who have settled in their countries as well as their nationals living in Britain.