"But many analysts and businesses believe Britain would benefit from leaving the EU and forging new partnerships with emerging economies around the world such as Asia, the Americas and Africa. Others favour a looser relationship with Brussels.
‘A referendum on the UK’s membership of the EU seems to be becoming a more realistic prospect,’ said Vicky Redwood, chief UK economist at consultancy Capital Economics.
‘We think that concerns about the economic disruption if the UK were to leave are overdone. In fact, the economy could end up better off.’
The Nomura report - part of its ‘Issues which keep me awake at night’ series - dubbed a British exit from the EU ‘Brixit’.
It was written by London-based analyst Alastair Newton, an-ex British diplomat and former head of Mr Blair’s G7 team."