Bill Cash wrote in an article in The Daily Telegraph: "Whilst the Coalition continues to maintain that its policies are sustaining the economy, but our GDP tumbles, this is the time to examine this inherent contradiction between claims and performance.

The truth is that trading within the European Union is like trading with a bankrupt company.

We are told – despite the obvious disarray of the EU economy – that trade with the EU is vital. Desirable, yes – vital, no. It is said that almost 50pc of our exports go to the single market and 40pc to the eurozone. The real question is, or should be, is this working to our advantage?" Please read the article here.