Guardian:
Philip Hammond to be pressed on risks of UK leaving EU customs union
19 October 2016
Trade flows and foreign investment would also be hit hard by leaving the customs union, according to figures calculated for the Guardian on the same basis as those prepared by civil servants for the government's Brexit committee. The pro-EU thinktank Open Britain used the same studies - by the National Institute for Economic and Social Research, the Treasury and the London School of Economics - to suggest trade could decline by almost 12% and foreign investment by 10%, or more than £4bn, if Britain left the customs union.
This article was published by The Guardian on October 19, 2016
Link to article here
Related publications
June 20, 2016
CEP, NIESR and IFS blog
Leaving the EU would almost certainly damage our economic prospects
Economists for Brexit: A Critique, Thomas Sampson, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen, CEP Brexit Analysis Series, Paper No.6, May 2016
See the complete set of CEP Brexit Analysis research papers here
Related links
Holger Breinlich webpage
Swati Dhingra webpage
Hanwei Huang webpage
Gianmarco Ottaviano webpage
Thomas Sampson webpage
John Van Reenen webpage
Trade Programme webpage
Growth Programme webpage