A report co-authored by Labour Leave and a group of economists estimates that a reduction in prices and immigration will save the UK’s most deprived families money.
The report also warns that a ”soft Brexit” would “leave us worse off and in danger of remaining in the EU in all but name”.
John Mills, a prominent party donor and chairman of Labour Leave, said calculations showed working class “were right to back quitting the EU” because “they will see a boost to incomes that have been heavily depressed over the last decade”.
The report comes as Caroline Flint, a prominent pro-Remain Labour MP, has warned that the party should stop “forecasting disaster at every turn” and start “preparing for life post-Brexit”.
However, on Thursday, Labour’s deputy leader Tom Watson said that Labour is now the party of “soft Brexit” and could keep Britain in the single market and customs union indefinitely.
Labour, has also set out a series of concerns about the Government’s proposed ‘Great Repeal Bill’ and is expected to this week unveil plans to derail the legislation.
The bill scraps the European Communities Act and transposes more than 19,000 EU laws and regulations into UK law.
However, Labour has expressed concerns about an element of the bill which gives the Government powers to push through changes to legislation without full parliamentary scrutiny.
But the Government insists that the powers, known as secondary legislation, are necessary to make thousands of technical changes to legislation.
There are also reports that at least half a dozen Tory MPs are considering joining Labour, the SNP and Liberal Democrats in rebelling against the bill.
The Tory MPs have been plotting during the summer recess, it has been reported.
September 3rd, 2017: Express