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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.
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
Their forecast of income gains from Brexit contrasts with all other economic analysis, write Thomas Sampson, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen.
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.
James O'Brien and Jacob Rees-Mogg clashed in spectacular fashion as they debated the Brexit vote.
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.
Jacob Rees-Mogg has put his name to an “Economists for Free Trade” (EfT) report claiming a no-deal Brexit would bring a £1.1 trillion boost to the British economy over the next 15 years. This is pure fantasy. The overwhelming consensus amongst economists is that quitting the EU with no deal would be a disaster on a truly magnificent scale.
This week on the Brexit podcast for the reality-based community… The “staggering economic illiteracy” of Brexit cheerleader Prof Patrick Minford. Will civil servants come to Britain’s rescue? Why the European Free Trade Association Court is “less boring than it sounds”.
The spectacular collapse of the pound against the US dollar has shattered the illusion that Britain is entitled in perpetuity to special status among the world elite.
Although his plans for citizens' juries to sort out Brexit are interesting, we’ve got our issues with Rory Stewart. But take a listen to him trying to talks sense into a typical “WTO, let’s go“ hard Brexiter on the BBC’s World At One, and your estimation of him will rocket.
The possibility of the UK leaving the European Union (EU) has generated an unusual degree of consensus among economists. Acrimony and rancour surrounded debates around austerity and joining the euro, but analysis from the Bank of England to the OECD to academia has all concluded that Brexit would make us economically worse off.

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