Costs of Brexit: is there 'nothing to fear' from project fear?

Pro free trade economists claim leaving the EU single market would increase UK living standards - but beware of how they crunch the numbers

Britain has "nothing to fear" from a "clean break" with the European Union, according to a report by the group of economists who have consistently argued that Brexit will be a liberating experience.

The Economists For Free Trade (EFFT) report argued that moving outside the EU's single market could lead to prices in the shops declining by 8% and the economy growing by an extra 7% over the next 15 years, or by more than 1tn in today's money.

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