Former Conservative Party chairman says on BBC Question "this is a word one isn’t supposed to use anymore" in attack on UK's problems.

UK’s exit from EU helped fuel inflation crisis, says top US economist Larry Summers.

Brexit was a “historic economic error” which has hurt the UK economy and helped to drive up inflation, Larry Summers, the former US Treasury Secretary has warned.

It's a pretty damning verdict from the former secretary of the Treasury, director of the National Economic Council and president of Harvard University.

"I am very fearful for Britain on the path that it is travelling." / Former US Treasury Secretary Larry Summers says Brexit and Liz Truss’s extreme tax cutting is turning the UK into a “submerging market”.

Ex-US Treasury chief fears for UK becoming ‘submerging market’. / “Between Brexit, how far the Bank of England got behind the curve and now these fiscal policies, I think Britain will be remembered for having pursuing the worst macroeconomic policies of any major country in a long time.”

A British-American trade deal won’t be easily agreed after Brexit because the U.K. wouldn’t accept the punitive terms on offer, according to former U.S. Treasury Secretary Lawrence Summers.

"Desperate" Britain is "delusional" to expect a favourable trade deal with the US, an ex-Obama advisor has warned, as Dominic Raab seeks to "fire up" the UK's trade relationship with North America.