Theresa May accused of rehashing Project Fear as Treasury analysis finds UK will be £150bn worse off under no-deal
Analysis says GDP will be 7.6% lower under no-deal over 15 years than staying in EU, Chequers 1-2% lower, EEA 1.4%, FTA 4.9%
telegraph.co.uk/politics/2018/…
Telegraph can reveal Andrea Leadsom told Hammond she would 'wager a very large sum' his nos are wrong
Chris Grayling said nobody believes Treasury forecasts because it has 'cried wolf' too many times
Analysis a tough sell as it states that UK will be worse off under all scenarios.
Govt source: 'Remainers will be able to say we are worse off under the PM's deal, Eurosceptics will accuse us of Project Fear'
'Politically, it looks like a rehash of Project Fear. People expect to be inspired, not scared witless into deferring to the government.
'Whenever Whitehall make forecasts for leaving the EU on WTO terms, it's always the same.'