by Jeremy Warner
As was always inevitable, the EU referendum is shaping up to be a straight fight between the alleged economic costs of leaving and the politics of immigration; and as was always equally inevitable, it is the perceived threat to people’s pockets which is winning the argument.
Yet in so doing, it is ripping the Tory Party apart, threatening a deeply unstable and divided administration when normal government resumes after June 23. You cannot go around accusing your cabinet colleagues, as well as two former Chancellors, of “economic illiteracy” – as George Osborne did on Monday – without lasting political damage.
David Cameron hopes to lead a government of “national reconciliation” after winning the campaign, or more implausibly still, even after losing it.