News Summary

• Former British chancellor George Osborne said the UK's economy has "fallen off a cliff" He said rejoining the EU customs union would be the fastest route to recovery.
• Mr Osborne resigned as chancellor after being part of David Cameron's cabinet at the time of the referendum.
• "It's a quite simple thing to do.
• No one knew we were leaving it and it has had a devastating impact on trade," he said in an interview with The Independent.
• 'If I was Andy Burnham, I don't see why you wouldn't rejoin the customs union,' he said.