Numbers that reveal the true cost of leaving EU

1.5%: Forecast UK growth for this year. It’s significantly lower than US growth, predicted to be 2.5%, eurozone at 1.8% and world 3.7% – amounting to a ‘Brexit tax.’

£240BILLION: the value of Britain’s exports to the EU, or 44 per cent of the total.

£45 BILLION: the value of Britain’s exports to the US, our second biggest market.

90%: the proportion of exports that would be hit by tariffs – charges that countries would be legally obliged to apply to British goods, under a ‘no deal’ Brexit.

£4.5-£6 BILLION: the additional tariff costs to business of a ‘no deal’ Brexit.

£800m-£1.5 BILLION: the additional tariffs on Britain’s car exports under a ‘no deal’ Brexit. That includes a 10 per cent levy on vehicle exports and 4.5 per cent on components.

75%: The share of total exports sent to the EU by Britain’s food and drink makers, our largest manufacturing sector.

77%: The number of businesses that believe remaining in the EU ‘would be in the best interests of the wider economy’.