The last few months has seen frenzied attempts to ramp up project fear to hysterical levels by those who are opposed to Britain leaving the EU, according to Monmouth MP David Davies.

Mr Davies spoke after taking a group of Welsh MPs to Port of Holyhead, one of the biggest freight crossing points into Ireland, to find out what plans there were in the event of a ‘no-deal’ BRexit.

Mr Davies said, “The attitude from the Port Authorities in Holyhead was that preparations had created extra work and inconvenience but that they were perfectly ready for a no-deal Brexit and saw no immediate problems.

“There has been extensive work done to ensure that people know what documents will be required and the authorities have been given guidance that they do not need to search any more vehicles than they do at the moment.

“The head of the Port told us that MPs should stop exaggerating the problems. He also pointed out that it is very much in the interests of the Irish to ensure everything goes smoothly on their side. Their economy depends on being able to export agricultural products into the UK and their shops receive processed food each morning from the UK. Furthermore Dublin Port is part of the city and any delays would shut down their capital and their economy.”

The strident Brexiteer, who voted for the prime minister’s withdrawal agreement as it fell to an historic defeat, said that no-deal fears were overstated.

“I have never believed the tales that a no-deal Brexit would reduce us to a sort of pre industrial society. Most of our trade is done under WTO or ‘no-deal’ terms and there is no reason why it could all not all be done that way.

“I would support the Prime Ministers free trade deal, which would see Britain leave the EU over several years, if only to provide some reassurance to those who are worried about leaving.

The irony is that those who are shouting loudest about the impact of WTO Brexit are usually the same ones who are demanding that MPs vote against the PMs deal. Ironically they are risking the very thing they claim would be a disaster.

We are the 5th largest economy in the world and the Treasury reports predict that we will be better off in the coming years under any form of Brexit. MPs and Ministers need to show a bit more confidence in their nation and get on with implement the result of the referendum,” he added.

MPs are set to vote on a revised version of Theresa May’s withdrawal deal to leave the European Union, at a vote next week.