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International Business Times:
Latest twists as the Cabinet clashes over Brexit, Single Markets and customs unions

20 October 2016

Prime Minister Theresa May is in Brussels for her first EU summit as UK leader, in the same week as cabinet ministers were presented with a paper warning that Britain pulling out of the EU customs union could lead to a 4.5% fall in GDP by 2030. The paper presented to ministers - a mixture of studies by the Treasury, the think tank NIESR and the Centre for Economic Performance and London School of Economics - also said ports such as Dover and Holyhead, which handle a lot of road freight, could become log-jammed if customs checks on vehicles transporting goods were introduced.

This article was published online by the International Business Times on October 20, 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

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