Chief economist at World Economics, Professor Brian Sturgess, said the signs already showed Remain’s Project Fear was “completely wrong”.
He added: “The pound was overvalued by at least five per cent before the vote and now is undervalued by about seven per cent, excellent news for exports and our trade balance.
“The economic good fortune is coming even before we agree trade deals around the world. Prospects are good and they will only get better.”
Yesterday the FTSE 100 built on an 11-year high level earlier this week of 6,700, climbing to 6,730.48.
Ashok Vaswani, UK chief executive of Barclays, warned: “This is an opportunity to step up and say, ‘Hey, we are bigger than how we feel.’ It’s definitely not all doom and gloom.”
Leon restaurants founder John Vincent said: “This is really exciting. We needed a kick up the arse.”