Facts on Brexit

What does an "Australia style" Brexit deal really mean?"

On Sunday, Andrew Marr suggested that an “Australian terms” deal with the EU could well be called “Afghan” terms. Afghanistan actually has more favourable trade terms with the EU than Australia.

£1.5bn GDP boost from UK-Japan trade deal is not on top of existing EU-Japan deal benefits

The UK currently trades with Japan under an EU trade agreement. The economic benefits of the new UK-Japan deal are relative to having no agreement, not to trading under the existing agreement.

What do the trade documents Jeremy Corbyn showed actually say about drug prices?

The documents show that, as expected, drug patents are a US negotiating objective in trade talks. But they don't show us what, if anything, the UK has actually agreed.

£50 billion “remain bonus” figure is a reasonable estimate but highly uncertain

The calculation is a fair assessment of the best available forecasts. But those forecasts themselves contain a high degree of uncertainty.

This comparison between Brexit’s impact and the financial crisis is flawed

Government analysis estimated GDP and wages will be lower following Brexit than if the UK remained in the EU. It’s wrong to say the analysis says GDP and wages will fall, as Chuka Umunna claimed.

£4 billion Brexit stockpiling claim based on flawed survey

The survey's methodology likely over-counted the amount being stockpiled.

There’s no solid evidence to support this Brexit Party MEP’s claim about fishermen’s nets

Ann Widdecombe made a claim about the size of fishermen’s mesh during her maiden speech at the EU parliament.

The EU "divorce bill"

The latest estimate for the size of the UK’s ‘divorce bill’ with the EU is £33 billion.

The UK's EU membership fee

In 2018 the UK government paid £13 billion to the EU budget, and EU spending on the UK was forecast to be £4 billion. So the UK’s ‘net contribution’ was estimated at about £9 billion.

Mark Carney didn’t say Brexit could usher in “a golden age of trade”

Bank of England governor Mark Carney said Brexit is the first test of the new global order, not that it could usher in a golden age of trade.