Voters will reject Brexit by the time the vote comes around

Don’t worry about Britain leaving the EU, writes economist Anatole Kaletsky. When voters realise the economic cost, they’ll decide to stay after all.

Among the multiple existential challenges facing the European Union this year — refugees, populist politics, German- inspired austerity, government bankruptcy in Greece and perhaps Portugal — one crisis is well on its way to resolution. Britain will not vote to leave the EU.

This confident prediction may seem to be contradicted by polls showing roughly 50% support for Brexit in the June referendum. And British public opinion may move even further in the ‘Out’ direction for a while longer, as eurosceptics ridicule the “new deal” for Britain agreed at the recent EU summit.