The EU are not in a good bargaining place.
We have a trading deficit with them, and a trading surplus with the rest of the world.
We export more outside EU than in and the gap is widening.
Loss of our contribution will leave a huge hole in their economy.
Tarifs will hurt them more than us.

Both sides would benefit from free trade, but it is not worth ?90b to us. That would be a bad deal and much worse than no deal.

Rag,
Headline in todays Guardian UK Inflation set to hit five year high.

Yes. 3%.