In a tense meeting at parliament today Lord Rose was grilled by MPs over a series of claims he has made about the benefits of Britain’s membership of the EU.

During the debate Labour MP Wes Streeting asked the millionaire former Marks and Spencer boss whether ending Brussels’ free movement rules, which allow unlimited numbers of Eastern Europeans to travel here to work, would help boost the wages of British workers.

He asked: “On immigration and impact on wages, if free movement were to end following Brexit is it not reasonable to suppose that we could see increases in wages for low skilled workers in the UK just off the back of the economic impact of free movement on wages?”

In reply Lord Rose told the stunned chamber: “Well, if you’re short of labour the price will frankly go up. So yes, but that’s not necessarily a good thing.”

For more interesting stories just Click on the “HOME’ Button in the Menu above.

THE CONSERVATIVE VOICE IN GLOBAL NEWS: Powerglobal.us
Enjoy Balanced, Interesting and Informative News with Common-sense Conservative Opinion focusing on Political Analysis of the US Primaries and Presidential Race, Britain’s EU Exit Vote and Australian Politics  http://www.powerglobal.us

The stunning admission comes following a series of spurious claims by the in campaign over the possible economic fallout from a Brexit which have been dismissed as unfounded scaremongering.

The negativity of David Cameron’s bid to scare people into voting for Brussels has been so acute that his side of the argument has been dubbed ‘Project Fear’ in contrast to out campaigners, who are arguing for a better Britain under the banner ‘Project Hope’.

Today Ukip’s employment spokeswoman Jane Collins, who represents Yorkshire and North Lincolnshire in the European parliament, said Lord Rose’s comments betrayed the true intentions and priorities of the out campaign.

She said: “Contrary to what a multi millionaire, ermine clad member of the peerage said I can tell you that people across the UK would be delighted to have higher wages, particularly if that meant they did not need to rely on tax credits and could afford decent clothes and healthy food as well as paying the gas bill.

“Because of mass migration wages have been pushed down to the very minimum and people are still choosing between heating and eating. That’s without even going into those British people who have been desperately seeking work.

“How dare a man with a net worth of £34 million tell people who earn less than £340 a week that higher wages aren’t necessarily a good thing.

“They might not be so good for big business which won’t be able to exploit the free movement of labour the EU brings them but it’ll be a huge bonus for everyone else – although of course not a bonus on the same scale Lord Rose and his other cronies will be used to.”

Jack Montgomery from the Leave EU campaign added:

“We’ve always said the chief concern of Brussels’ cheerleaders is protecting vested interests, not the public interest.

“Lord Rose isn’t wrong to say that ending this exploitative system would ‘not necessarily be a good thing’ for the unscrupulous bosses and privileged elites who take advantage of it.

“But for workers who would find themselves able to command a higher price for their labour, with rights which don’t only exist on paper, it would be a very good thing indeed.

“When you cast your vote in June, as yourselves whose concerns are more important: those of ordinary people, working hard to earn a decent living, or those of people like Lord Stuart Ransom Rose of Monewden?”

The leave campaign has been edging ahead in the polls in recent weeks, with voters unconvinced by the Prime Minister’s shambolic deal with EU leaders.

It has also been handed a huge boost by the backing of London Mayor Boris Johnson, who sensationally threw his weight behind the bid for a Brexit.