Date of Shaw's FT article - 26th May 2016.

Date of the EU Referendum - 23rd June 2016.

Prior to that date every political party in the UK with the exception of UKIP was campaigning as hard as it could to achieve a Remain result. Loads of "doom'n'gloom" from establishment press and the Bank of England - all proved groundless.

Odd that the piece only covered the period BEFORE Maastricht.