Fears Over Post-Brexit Stockpiling The Same As The Millennium Bug, Says Nick Ferrari

30 July 2018, 08:50

Nick Ferrari compared the scaremongering over stockpiling of food in case we leave the European Union without a deal to the unnecessary panic around the Millennium bug.

Back in 1999, companies hired whole departments to deal with concerns that computer systems would all fail when we reached the year 2000. That fear was proved to be unfounded.

And Nick insists that the claim that planes will be grounded and supermarkets will run out of food are completely overblown.

Speaking on his LBC show, he said: "It's just as it was with the Millennium Bug. It was, almost word-for-work, what you're reading now.

"As we ticked over from the last second of 1999 to the first second of 2000, they said aircraft won't be able to take off, your bank accounts will be wiped out, businesses will lose all their money, traffic lights won't work, power will go off, the National Grid will stop working.

"It was as bad as that. But guess what... none of it happened.

Nick Ferrari in the LBC studio
Nick Ferrari in the LBC studio. Picture: LBC

"As with most things in life, Brexit is not going to be as great as those who herald it and dance to the side of a red bus and it's not going to be as bad as those who go around as if they're Private Fraser from Dad's Army saying 'We're all doomed'.

"As with most things in this world, it will be somewhere in the middle."