Sure, in no time. It tool 40 years of painful integration to build the current net of trust, but thanks to finally freeing itself from the EU, the following will happen in no time:
- negotiate exit, in extremely good terms for the UK. Who cares what the EU's interests are, the ones from the UK will of course prevail
- negotiate trade deals with commercial areas all around the world. It took a good decade to negotiate the despised TTIP, which is now dead in the water, but the UK can do much better
- navigate finantial turmoils, ups and downs in the pound, and still be able to secure investment in UK soil
- and thanks to that massive investment, it will pass from the second biggest trade deficit to a trade surplus
- all while losing the license to operate the biggest EUR nominated finantial center, and fighting a desintegrating country
Piece of cake! So easy, that the prime minister who has led you to this paradise has decided to step down not willing to be bothered to sort out the mess.
No! It's like saying a vendor who loses money on an item (because the sale price is less than the manufacturing cost) might remedy the problem by reducing both the price and the cost by 10% each. It won't help.
If the pound loses 10% of its value, the UK would be able to export 10% more (so 47.2 billion USD more) to its trading partners (at the same real cost to them.) However it would cause its imports to cost an extra 66.3 billion USD. And 47.2 - 66.3 = -19.1 meaning the UK would lose (increase its trade deficit by) 19.1 billion USD per year.
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