Full Fact:
The economic consequences of leaving the EU - statement from IFS, NIESR, and CEP
21 June 2016
Three leading economic institutes have made a joint statement about what they think will happen if we leave the EU. We have published what they said below.
Here's what the IFS, NIESR, and the Centre for Economic Performance said, in their own words:
John van Reenen, director of the CEP said: “Research at both CEP and NIESR shows that the UK economy would do worse outside the EU than in it. Trade as an engine of growth would stall. Indeed virtually all the economic work of which we are aware tells the same story – there really is no serious doubt that leaving would be taking a big risk with the economy.”