Response to Change Britain's "research" (see HERE) has been utterly scathing. Any number of expert economists including Jonathan Portes have joined forces and described it as junk (HERE).
The Independent suggest rather mildly that we should take it with a pinch of salt (HERE) while Sam Bowman of the Adam Smith Institute describes the claims of £450 million a week as "complete rubbish" (HERE). Richard North at EUReferendum says it isn't even research (HERE) and muses on how some of the national press even accepted it.
The Lib Dems say the figures are fantasy (HERE) and (HERE). It turns out the figures are even worse than I thought. The basic savings in EU contributions don't even exist as Richard North points out in this well argued piece (HERE). And in the "savings" from dumping EU regulations the number has been whittled down from the £32Bn originally suggested by Open Europe before the vote, to £1.2Bn of which £1.0Bn is saved by doing away with the Data Protection Act!! The remainder is from some supposed EU regulations governing motor vehicles which actually comes from the UN and which we couldn't save anyway. Stunning!
What is worrying is that this is the best they have to offer. These are the supposed benefits accruing from brexit and none of them are anywhere near being possible or even reasonable.
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