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"Patrick Minford is such a marginal view even within academia. His views are Economics equivalent of ‘flat earth.’"
Mr Raymond was responding to claims published by economist Patrick Minford, who predicted a benefit to the country of £135bn from a “hard Brexit” that eliminated tariffs, and a report from the Institute of Economic Affairs recommending a policy of unilateral free trade once the UK leaves the EU.
Why is the BBC giving so much time to hardline Brexiteers, asks journalist Raymond Snoddy.
A new report sounds the death knell for Britain’s farms in the event of no deal. It’s not the vision our farmers were sold
The sole economic modelling exercise showing material benefits for the UK from Brexit has been debunked as “doubly misleading”, further demolishing the argument that for Britain “no deal would be better than a bad deal” when it comes to the EU.
What kind of trade arrangements could the UK negotiate with the European Union after leaving? Newsnight's James O'Brien was joined by former Director-General of the World Trade Organisation Pascal Lamy, and Vote Leave's Andrea Leadsom to discuss.