From the Centre for European Reform, this is the CEO podcast.

It is a critical moment. If we do not act with urgency, we would then severely undermine the liberal order.

Brexit means Brexit, and we're going to make a success of it.

The wind is back in Europe's sales.

We have now a window of opportunity, but it will not stay open forever.

Hi, you're listening to the CEO podcast with me, Beth Oppenheim,

and today I have with me John Springford, the CEO's deputy director. Hi, John. Hi, Beth. So, Brexiteers argue that leaving

the EU will lead to a prosperous UK unshackled from the meddling EU off-striking trade agreements

far and wide. The Conservatives have always liked to depict themselves as the grown-up party, the safe pair of hands for the economy, but it now really seems

indisputable that leaving the EU is going to make Britain worse off. Even Philip Hammond has said

so himself. The UK economy will grow outside the European Union, but the economy will be,

in any of these scenarios a little bit smaller

than it would have been if we'd remained inside the European Union.

So today you're bringing us and our listeners your latest calculations on the cost of Brexit so far,

the fourth update. Your last estimate, based on data until September 2018, put the fiscal

cost at £320 million a week or 2.3% of GDP. How are things looking now?

Well, things are looking fairly similar, to be honest. The last data we have is until

December 2018, the last quarter of last year. The cost has risen a bit to about two and a half

percent of GDP. The UK had a pretty bad quarter of growth and so that has increased the

cost so far. And the knock-on effect of that onto the public finances has meant that it's gone up to

about 360 million a week, which is, you know,

it's a bit of a static picture. And basically the story over the entire number of estimates that

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