Brexit Would Cost UK £40bn, Warns Report

Respected think-tank the Institute for Fiscal Studies has dismissed claims it is an EU "propaganda arm" after warning that Brexit would cost the UK up to £40bn. Vote Leave rubbished the IFS report on the effect of Brexit as "biased" saying that the organisation was unlikely to be critical of Britain’s membership because it was funded by the EU. But IFS director Paul Johnson told Sky News the accusations were "frankly absolutely outrageous" saying the think-tank's 30-year reputation w