Bank of England governor says EU has helped UK economy.
The governor of the Bank of England has said that Britain's membership of the EU has re-inforced the "dynamism of the UK economy".
In a pre-hearing letter to the Treasury Committee, Mark Carney said that the relationship had helped the UK to grow.
Mr Carney said an exit was the biggest domestic risk to financial stability.
Mr Carney was also questioned about the financial sector's reaction to an exit.
He said: "One would expect some activity to move, certainly there's a logic to that and there are views that have been expressed publicly and privately by a number of institutions that they would look at it, and I'd say a number of institutions are contingency planning for that possibility."
http://www.bbc.co.uk/news/business-35751919
But not to worry, hey!
We'll replace all that lost trade with global trade agreements.
And the VAT rates will be the same throughout EU, so that won't matter.
And we'll be able to choose who we want to come here. Well to the RUK anyway. Not that anyone will, but let's ignore that bit.
And there'll be a run on the banks. (BoE is already making contingency plans for it.)
And Boris will be PM. (Or maybe it'll be Jeremy.)
And we'll all be backing Britain.
I wonder who they'll get to sing it this time.