BREXITEER MP John Redwood is facing fresh controversy after calls for him to resign. 

In an article for the Financial Times, Mr Redwood, MP for Wokingham, called on investors to place their money in the European Central Bank rather than investing in the UK. 

Mr Redwood was a stout 'Vote Leave' campaigner, despite his constituency voting overwhelmingly to remain.

The article, titled 'Time to look further afield as UK hits the brakes'.

Mr Redwood wrote: "I sold out of the general share ETFs [Exchange-Traded Fund] in the UK after their great performance for the year from early July 2016 when I saw the last Budget and heard the BoE’s (Bank of England’s) credit warnings. 

"The money could be better put to work in places where the authorities are allowing credit to expand a bit, to permit faster growth."

One Forbes columnist voiced their opinion on the matter.

Frances Coppola wrote: "It is an absolute disgrace for this man to give such advice.

"You see, the Rt. Hon. John Redwood MP – to give him his full title – is a lawmaker. He is an elected member of the House of Commons.

"And not just any lawmaker. He is a senior member of the Conservative Party, which is currently in government and making a total hash of the Brexit negotiations. He is also a former Cabinet Minister and a member of the Privy Council.

"This senior lawmaker is advising investors to stop investing in his country.

"This is despicable behaviour by a lawmaker. The Rt. Hon. John Redwood MP is putting his own interests above those he represents.

"He is unfit to hold office. He should resign."

Yesterday in his diary, John Redwood wrote: "There is great scope for investment in import substitution, as we seek to put some more balance into  the large imbalance of trade with the EU which has built up during our membership."

Mr Redwood has been contacted for comment.