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Challenging the calculations of the HMRC

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Dr Graham Gudgin and John Mill’s joint report challenging the calculations of the HMRC on its £20 billion estimate of the costs to the UK of the “max-fac” customs arrangement travelled widely this week.

Dr Graham Gudgin and John Mill’s joint report challenging the calculations of the HMRC on its £20 billion estimate of the costs to the UK of the “max-fac” customs arrangement travelled widely this week. It made the BBC Radio 4 Today Programme where Dr Gudgin responded to aggressive questioning calmly and precisely. The Report also made the National Newspapers and related Brexit websites and twitter feeds.

Dr Graham Gudgin from B4B challenges the HMRC £20 billion figure and speaks about his paper on the real costs to business under a “max-fac” customs arrangement on @BBCRadio4 #Todayprogramme. (53.23 mins). https://www.bbc.co.uk/programmes/b0b42pvc

The joint report also made the Daily Mail and Daily Express:

Top economist says ‘APOCALYPTIC’ claims about post-Brexit customs plan are WRONG A CAMBRIDGE economist has dismissed the head of HMRC’s claims that the post-Brexit maximum facilitation customs arrangement could cost businesses up to £20bn a year. https://www.express.co.uk/news/politics/967376/Brexit-news-economist-Boris-Johnson-Max-Fac-customs-plan-cost-2bn-20bn-HMRC-EU

A top economist dismisses HMRC’s claim that post-Brexit red tape could cost firms £20bn as he suggests the final figure will be closer to £2bn: http://www.dailymail.co.uk/news/article-5789305/Top-economist-dismisses-HMRCs-claim-post-Brexit-red-tape-cost-firms-20bn.html

John Mills @John_Mills_JML: Prior to the EU referendum, @hmtreasury warned that we would face an unprecedented recession if we voted for #Brexit. Now, Graham Gudgin and I argue, HMRC has overstated the cost of being outside the customs union by £18bn. Our analysis for @reactionlife.

https://reaction.life/revealed-hmrc-customs-bill-brexit-overstated-much-18bn/

Economists4FreeTrade‏ @Econs4FreeTrade May 30 HMRC customs bill for Brexit overstated by as much as £18bn, write Dr Graham Gudgin and @John_Mills_JML

Still quite a bit of twittering about Robert’s Spectator coffee shop spat: 

Catch up with Prof Robert Tombs in the Spectator: Brexit debate: Andrew Adonis vs Robert Tombs. Tombs said:  “We have relationships with other parts of the world which are unique among Europeans.” https://blogs.spectator.co.uk/2018/05/brexit-debate-andrew-adonis-vs-robert-tombs/#

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