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Estimate by pro-leave group Change Britain of £24bn overall savings dismissed by Tim Farron as ‘latest in a procession of lies’
In its research, Change Britain estimated that there would be £24bn of benefits overall from a clean Brexit, citing savings from ending EU budget contributions, forging bilateral trade deals with new countries and getting rid of some EU laws.
But the former chief economist at the Cabinet Office Jonathan Portes said the figure was adding together supposed savings that could not be compared. “Adding increased exports and reduced government expenditure is literally meaningless. The results mean nothing. It isn’t research, it’s junk,” he said.
Another problem with the calculation was counting the benefit of trade deals with countries such as South Korea that already have an agreement with the EU, Portes said.
“But to my mind that is second order. Anybody who adds together increased government revenue literally has no idea what they are doing ... It’s no surprise people who backed the fictitious £350m figure also back this number,” he said.
”
“
Estimate by pro-leave group Change Britain of £24bn overall savings dismissed by Tim Farron as ‘latest in a procession of lies’
In its research, Change Britain estimated that there would be £24bn of benefits overall from a clean Brexit, citing savings from ending EU budget contributions, forging bilateral trade deals with new countries and getting rid of some EU laws.
But the former chief economist at the Cabinet Office Jonathan Portes said the figure was adding together supposed savings that could not be compared. “Adding increased exports and reduced government expenditure is literally meaningless. The results mean nothing. It isn’t research, it’s junk,” he said.
Another problem with the calculation was counting the benefit of trade deals with countries such as South Korea that already have an agreement with the EU, Portes said.
“But to my mind that is second order. Anybody who adds together increased government revenue literally has no idea what they are doing ... It’s no surprise people who backed the fictitious £350m figure also back this number,” he said.
”
https://www.theguardian.com/politics...ged-tim-farron
in response to the near-universal scepticism now greeting the claims that 350'000'000 a week will be spent on the NHS, it appears that Leave have opted for double-or-quits



