This morning BSE spinners for the EU claimed a new report by Boris’ economics advisor says Brexit could wipe £210 billion off London’s economy. Yet if you actually read Dr Gerard Lyons’ report, that isn’t what he says at all. The BSE press release arrives at that figure by quoting the section of Lyons’ report about the “best case” scenario of Britain remaining in a reformed EU. They conveniently forget to mention that Lyons concludes the EU has not been reformed by Cameron’s renegotiation.
So what does Lyons actually say? In the scenario of the EU staying unreformed and Britain then deciding to Leave, he predicts London would be £120 billion better off. His personal Twitter account gives a more accurate reflection of his position:
— Gerard Lyons (@DrGerardLyons) February 20, 2016
Anyone following the campaigns closely should know Lyons is not a Remainer…