Nick Clegg and his friends at Open Britain have decided to treat us to another report on the horrors of Brexit and of being outside the Single Market. Mr Clegg will be joined by Chuka Umunna and Anna Soubry today to detail the coming disaster.
It goes without saying, of course, that their underlying report, from the Centre for Economics and Business Research, is wrong. Or perhaps it does need to be said. Yet again they are making a grossly incorrect statement:
“If the UK ends up outside of the single market and without a free trade arrangement, importers and exporters would face tariffs.”
But, let me say again: there is no requirement whatsoever, in EU, UK, WTO or Uncle Tom Cobbleigh’s rules that the UK must impose tariffs upon imports in the event of Brexit.
There’s more over there……