Boris Johnson's deputy has attacked a group of businesses warning about No Deal Brexit as "unbalanced".
Dominic Raab lashed out at the Confederation of British Industry (CBI) for saying neither the EU or UK are ready for No Deal.
The CBI today made 200 recommendations for crashing out on October 31 and warned "some aspects cannot be mitigated".
The business body's head of EU negotiations Nicole Sykes said: "It's like putting sandbags down for a flood. Your kitchen's still going to be underwater but maybe we can save the bedrooms."
Yet hard Brexiteer Mr Raab - who as First Secretary of State is effectively the deputy Prime Minister - told LBC radio: "The CBI does take a sceptical, rather pessimistic view."
The Foreign Secretary said "I don't want to rubbish" the CBI's findings but added: "I don't accept... I think they take an unbalanced view and an unbalanced assessment.
"It is certainly right to say there are risks on all sides in relation to a no deal scenario.
"But there are even greater risks with the other courses we could take - particularly if you think about the uncertainty for business if the current limbo, hiatus is to continue."
The comments risk souring Boris Johnson's relations with industry after he famously said "f*** business" at a private event.
And they come after Mr Raab himself admitted he "hadn’t quite understood the full extent" of trade across the Channel, back when he was Brexit Secretary.
At least 50 trade associations and thousands of companies from all areas of the UK's economy were consulted on today's report.
The CBI advised the Government to review and update more than 100 technical notices on No Deal by the middle of August.
The CBI also recommended business engagement meetings with the EU resume, and extra parliamentary time be set aside to complete no-deal legislation by the end of August.
But despite setting up daily crisis meetings from today and a £1billion spending spree, Mr Johnson has hit out at "gloomsters" over Brexit.
He said in his first speech as PM last week: "The people who bet against Britain are going to lose their shirts."
The £1bn spending blitz - on top of £4.2bn already committed to No Deal under Theresa May - includes one of the country’s “biggest ever” public information campaigns.
Sources suggested the advertising campaign would cost around £100m - making it the biggest since the Second World War.
The Daily Telegraph reported it will include billboard adverts, radio and television to encourage the public to be ready.
Just weeks ago Boris Johnson said there was a “million to one chance” of a on October 31.
But now he is Prime Minister, no imminent talks are planned with EU leaders. And Michael Gove - the Cabinet Office minister leading No Deal planning - has said he is "operating on the assumption" there won't be a deal.
Today teams of pro-Brexit cabinet ministers will begin holding daily crisis meetings in three new 'war Cabinets' to prepare for a damaging no-deal departure.
The ‘daily operations committee’ led by Michael Gove will meet daily, starting tomorrow, in the COBRA room where the Government holds its emergency meetings.
'XO' will oversee all Government preparation for leaving - with actions, deadlines and responsibility flashed up on big screens.
The Exit Strategy committee (XS) will meet twice a week - starting today. Its first meeting will be chaired by Mr Gove with Boris Johnson chairing other meetings from Thursday.
The Exit, Economy and Trade Committee (ETC) will be chaired by the Prime Minister and meet regularly.
It will "have a broad remit and will handle write rounds", particularly focused on Britain's future relationships around the world.
Meanwhile the new Prime Minister will today embark on a whirlwind tour to the four corners of the United Kingdom in a desperate bid to prevent the break-up of the Union.
He will hold tense talks with First Minister Nicola Sturgeon and Scottish Tory leader Ruth Davidson, who both warned they cannot accept a No Deal Brexit.
