UK set to be sick man of Europe, says Tory backer

The UK is connected a way to being "the sick antheral of Europe" due to the fact that of the mode Brexit was negotiated, according to a Tory backer.

Guy Hands, who runs backstage equity steadfast Terra Firma and has been a Brexit critic, warned the UK faces higher taxes, little benefits and a imaginable International Monetary Fund bailout.

His comments travel aft a tumultuous play sparked by the mini-budget.

But Mr Hands suggested the problems facing the UK spell backmost overmuch further.

"I deliberation [the Conservative Party has] got to determination connected from warring its ain interior wars and really absorption connected what needs to beryllium done successful system and admitting immoderate of the mistakes they've made successful the past six years which person frankly enactment this state connected a way to beryllium the sick antheral of Europe," helium told the BBC's Today programme.

He added that the enactment was, successful his view, not acceptable to tally the country.