Cameron’s off-guard view on Brexit caught on tape

David Cameron has been filmed admitting Brexit “turned out less badly than we first thought” and Britain leaving the EU is “not a disaster”.

The former prime minister, who campaigned for voters to back Remain during the 2016 referendum, had his off-guard comments recorded at the World Economic Forum in Davos, Switzerland.

Mr Cameron was filmed speaking to Indian steel magnate Lakshmi Mittal at the gathering of elite business people and politicians in the Alpine resort.

In footage highlighted by Five News, Mr Cameron said: “(Brexit) is frustrating. As I keep saying, it’s a mistake not a disaster.

“It’s turned out less badly than we first thought. But it’s still going to be difficult.”

Mr Cameron also told Mr Mittal he was “busy” writing a book and leading a billion-pound investment initiative agreed between the UK and China.

As he fought to convince voters to back continued EU membership in 2016, the ex-Conservative leader claimed a Brexit vote would “put a bomb” under the UK economy and would be a “self-destruct” option for the country.

EU flag and Union flag outside Parliament

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At one referendum campaign event, Mr Cameron had said: “Don’t throw away your job, don’t throw away your children’s futures, don’t throw away the strength and future of our country.”

Along with then chancellor George Osborne, Mr Cameron was accused of conducting “Project Fear” after the Treasury forecast a Leave vote would cause “an immediate and profound economic shock” pushing the UK into recession and prompting a “sharp rise” in unemployment.

The UK economy has grown every quarter since the Brexit vote, although the International Monetary Fund (IMF) recently claimed Britain is “already losing out” as a result of the decision to leave the EU.

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Mr Cameron resigned as prime minister on the morning after the Brexit vote on 23 June 2016, claiming it would not be right for him to “be the captain that steers our country to its next destination”.

Mr Mittal has previously donated money to the Labour Party while, prior to the 2012 London Olympics, the billionaire helped fund the ArcelorMittal Orbit sculpture in the Olympic Park.