Jeremy Corbyn: Labour leader set to highlight economic 'benefits' of Brexit and it's going down as well as you'd expect

The sacred sovereignty of Brexit is set to plummet the UK into economic doom and gloom, if government analysis is anything to go by.

But Jeremy Corbyn thinks this excruciatingly long-winded break-up will be worth it, as he is set to say that there have been and will be economic benefits, reports The Independent.

The Labour leader will suggest the crash in the pound that followed the 2016 referendum made sterling more competitive, as he launches a campaign to boost British manufacturing in his "build it in Britain" speech today.

Unfortunately, the financial upside has been tricky to notice amidst all the economic devastation. This includes a weaker pound squeezing household incomes, as well as hit to gross domestic product (GDP).

In fact the economy will be 1.2 per cent smaller by the end of the first quarter of this year - amounting to £450m a week or £870 a household per year - according to Financial Times predictions.

The comment didn't go down well on Twitter as people slated Corbyn, who has been previously been accused of being the "handmaiden of Brexit", and his comments.

Corbyn will also attack the use of "cheap labour from aboard" - a term Twitter did not take well to - and demand government contracts are kept in Britain in the speech, which will be delivered in Birmingham.

He will also criticise the government for not utilising the "more competitive pound" he says Brexit has already delivered:

After the EU referendum result, the pound became more competitive and that should have helped our exporters.

But they are being sold out by a lack of a Conservative government industrial plan, which has left our economy far too reliant on imports.

If only the pound plummeted more often, wiping billions off the economy in the process.

Right now, the pound is worth around 14 per cent less against the Euro than it was before the Brexit referendum.

Here's hoping that gap will widen, as per Corbyn's analysis.

People are saying that it's no surprise that Corbyn is coming off anti-EU, and that the comments are disingenuous.

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