Patrick Minford opines…
“… we should opt for a World Trade Deal on WTO terms as we already do with some 60% of our world trade. A clean break with the EU would boost the UK economy by 7% of GDP and benefit the poorest in society by cutting the costs of food, clothing and footwear. A fudge would be a disaster.”
In Henry Mance’s piece today for the FT, lunching with Nigel Farage:
“Splendido!” Farage says, when the drinks arrive; I suppose it’s a step to European reconciliation. We clink glasses, and he lights the first of two back-to-back Benson & Hedges. A few minutes later, we’re back downstairs. “Are you drinking? Good.” He orders a glass of Sauvignon blanc for each of us — not a bottle, “because it’s Lent” — followed by a bottle of claret, to have with our meal. They say Farage drinks less than he used to. They say a lot of things.”