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Cooperation by the bloc makes it harder to hide from the taxman - and would not be easy to reproduce post-Brexit.

Leaving the EU and relying on WTO membership would not mean all our trade with the EU would vanish. But some of the trade and some of the investment would go.

Norway is not part of the EU but it has access to the single market. It follows EU rules, but gets no say in how they're made.

Switzerland has access to only parts of the single market. A big omission is the vast majority of services, including finance.

The UK might be bigger than Norway and Switzerland, but the EU is much bigger than us. We wouldn’t be in an equal bargaining position.

A Leave vote would trigger a political crisis. UK would also be under severe time pressure to negotiate exit terms.

If we quit the EU, we would damage one of our most important industries – financial services.

The UK car industry has enjoyed an astonishing revival in the last 30 years. Leaving the EU could jeopardise it.

The Turkish customs union covers only goods, not services or finance. So a Turkish-style deal would be denying us a big part of the single market.