The BBC claimed last week that pro-European MPs were planning on using their majority in the House of Commons to keep the UK in the Single Market in the event of a vote to leave. The Guardian reported:
Sam Bowman, Executive Director of the think tank the Adam Smith Institute, which has advocated the UK leaving the EU in stages, welcomed the possible intervention in the Commons. He said:
"This is a referendum on EU membership, not the single market, and MPs would be right to keep us in the single market if we vote to leave the EU. Keeping Britain in the single market would take the main economic risks out of leaving the EU, avoiding the doomsday scenarios out-lined by the Treasury and others.
“The EEA option outlined in a recent Adam Smith Institute report would give the UK economic security while allowing it to leave the EU. In many respects it gives us the best of both worlds – indeed the remain side has emphasised little else of value about the EU during the campaign apart from the single market.
“The EU is not a prison, but the remain camp risks portraying it as such. It is possible to leave without risking serious economic harm, and staying in the single market as a step towards a long-term settlement would give the UK that safe route out.”
Read the full Guardian article here.