The former UKIP chief made the blunt admission as proof grows over the financial hurt to Britain of quitting the European Union.
Economists say it should go away hundreds of thousands of staff within the UK £1,300 worse off than if the UK had remained within the European buying and selling bloc.
Mr Farage informed the BBC’s Newsnight: “We have not actually benefited from Brexit economically, what we could have done.
“What Brexit has proved, I’m afraid, is that our politicians are about as useless as the commissioners in Brussels were.
“We have mismanaged this totally.
“Simple things, such as take-overs, coroporation tax, we are driving business away from our country.
“Arguably, now we are back in control, we are regulating our own businesses even more than they were as EU members.
“Brexit has failed.
“We have not delivered on borders, we have not delivered on Brexit, the Tories have let us down very, very badly.”
However, he nonetheless denied that the UK would have been economically higher off staying within the EU.
Few if any main Brexiteers have themselves accepted any blame for the hurt being brought on to Britain by splintering away from the EU.
Rishi Sunak is refusing to acknowledge any financial harm to the UK regardless of the rising weight of proof.
The Government’s financial watchdog, the Office for Budget Responsibility, has mentioned that the post-Brexit buying and selling deal reached with the EU will cut back Britain’s long-run productiveness by some 4 per cent, in contrast with if the UK had remained within the bloc.
It added that each exports and imports shall be round 15 per cent decrease in the long term than if Britain had stayed within the EU.
Britain’s economic system is flatlining and exhibits no indicators of any important pick-up.
“But frankly, we have not delivered on borders, we have not delivered on Brexit, the Tories have let us down very badly.”
Asked on Tuesday if Mr Sunak, who campaigned to depart the EU, agreed with Mr Farage’s sentiments, the Prime Minister’s official spokesman mentioned: “No.”
“I think the Prime Minister has talked about the benefits of Brexit on a number of occasions,” he added.
“Just thinking about farming alone, we’re talking about some of the benefits of moving away from a bureaucratic cap which skewed money towards the largest landowners, with 50 per cent going to the largest 10 per cent.
“We have a fairer system tailor-made to British farmers post-Brexit.
“On the issue of being able to use gene-editing technology to mimic the natural breeding process to help farmers to grow more nutritious, productive crops, those are just two examples in one sector of the benefits that the public and UK businesses enjoy.”
The spokesman was talking after Downing Street held a UK Farm To Fork summit with representatives from throughout the meals provide chain on Tuesday.
Brexit: UK’s relationship with Europe – In photos
In distinction, Chancellor Jeremy Hunt, who campaigned for Remain, has accepted some hurt attributable to Brexit but in addition says there are alternatives for Britain.
International Trade Secretary Kemi Badenoch has hailed a lot of commerce offers with different international locations, however many economists say they’re eclipsed by the misplaced enterprise with the EU.
Former Environment Secretary George Eustice has criticised a commerce deal being struck with Australia as being too beneficial to Australia on the expense of the UK.
The Brexiteers’ declare that Leaving would permit the UK to take again management of its borders additionally rings hole, with a file variety of folks having crossed the Channel in “small boats,” and authorized migration additionally spiralling.
Former Brexit minister Jacob Rees-Mogg has additionally refused to just accept the financial hurt being brought on to the UK.
But he attacked the Government’s determination to cut back post-Brexit plans to scrap EU legal guidelines as “pathetically under-ambitious”.
Ministers have defended the delay so EU legal guidelines will be ditched in an orderly means, moderately than inflicting extra chaos.
But former Cabinet minister Mr Rees-Mogg criticised the Prime Minister at a Right-wing convention in Westminster on Monday for breaking his promise to finish a “bonfire” of remaining EU-era legal guidelines by the top of the yr.
