Our goods are cheaper at the moment because of the pound's devaluation, but that won't last indefinitely once we have to start paying more for our imports to make the goods we export.
Fox has a point that the big problem for the UK economy is the balance of trade deficit (not benefit scroungers, too much state spending, etc). Years ago, trade figures used to make headline news, but in the last decade or so, it's all been about GDP, structural deficits and triple A rating (although we don't hear much about that since we lost it).
HOWEVER, the majority of our exports come from financial services, especially to the US, which uses the UK as a gateway to the EU. If the City loses its 'passporting' rights, the UK is really up [expletive] creek.
I wonder what Fox thinks the British make which could be exported. Even Jeremy Hunt's attempt to sell marmalade to the Japanese ended in failure. There's no point opening up markets if we have nothing to sell. Countries such as China and India will can beat the British on price, unless the UK introduces slave labour wages.
Thanks for posting the speech, thatbags, and I agree that what he said doesn't seem quite so blunt as the headlines, but it's still a lot of hot air and the bit about playing golf is still downright insulting.