Tom Goodenough

Vladimir Putin's name has popped up again in the Brexit debate. This time, however, it wasn't the Prime Minister suggesting that the Russian president would favour Britain leaving the EU, but the Defence Secretary. Michael Fallon said Putin would 'Vote Leave' and he also told a Commons select committee that 'there is absolutely no doubt in my mind that a British exit from the European Union would be applauded in Moscow'. He added that it would be a 'payday for Putin': Michael Fallon went on to say that being in the EU ensured that Russia had 'paid the price' for its intervention in Ukraine. Meanwhile, the Prime Minister gave a speech in which he said Brexit could ramp up the cost of a family holiday. But where was he planning on heading off to on his own summer trip?

Boris has hit back in the row over whether Brussels tells Brits what types of bananas we can eat. Last week, he was accused of 'making it up as he went along' after claiming that the European Union prevented the fruit from being sold in bunches of more than 'two or three'. But instead of being quiet about them today, Boris has used his Brexit battlebus stop in York to insist that Brussels does meddle with our bananas. As Isabel Hardman reports, the former Mayor decided to take on those who had ridiculed him about his claims regarding EU control over bananas. He said he had looked into it and there were actually ‘four directives on bananas, including a directive on the curvature of bananas.’ So, is he telling the truth?

Politicians from across the spectrum have had their say on Brexit. So, too, have various business leaders. Spy chiefs have spoken out. And even Ian Botham has chipped in to spell out his opinion on the EU referendum. So it was probably just a matter of time before the luvvies did the same. And today they’ve done just that: Jude Law, Keira Knightley and Benedict Cumberbatch are amongst some 300 actors and musicians who have backed the call for Britain to stay in the EU. In a letter, put together by Britain Stronger in Europe, they urged Britain not to become ‘an outsider shouting from the wings’.

We’re now at the stage in the EU referendum debate where every announcement is explained in terms of its relationship to Brexit - whether relevant of not. So today we learn that inflation is still flat, dropping to 0.3pc in April. As per usual. But bizarrely, the Treasury is pretending that this tell us about the misery coming our way if Britain walks away from Europe. Here’s what a Treasury spokesman had to say about the figures: ‘Today’s inflation figure continues the trend we’ve seen over the past year. Pay is growing faster than prices, boosting families’ spending power.

To subscribe to The Spectator’s weekly podcast, for free, visit the iTunes store or click here for our RSS feed. Alternatively, you can follow us on SoundCloud. Boris Johnson has kickstarted his battle bus tour of Britain which he hopes will convince people to vote out of the EU. But before he hit the road, he made a direct pitch to Spectator readers in an exclusive interview. The former mayor of London set out his Brexit battle lines, as he spoke to James Forsyth and Fraser Nelson, saying: ‘It is unquestionably true that I’ve changed. But so has the EU. And of the two of us, it’s the EU that has changed more than me.’ Speaking on the podcast, James Forsyth tells Isabel Hardman that: ‘He knows that he is in the fight of his political life.

Another day, another warning about the economic bombshell which would follow Brexit. This time it's the turn of the IMF. In a press conference at the Treasury, Christine Lagarde spoke of the outcome of a vote to leave the EU ranging from 'bad to very bad'. Whilst the IMF's report said: 'A vote to leave the EU would create uncertainty about the nature of the UK’s long-term economic relationship with the EU and the rest of the world. A vote for exit would precipitate a protracted period of heightened uncertainty, leading to financial market volatility and a hit to output.' George Osborne was clearly grateful for the support of the IMF in the severity of their warning against Brexit.

The Bank of England isn’t going to butt out of the Brexit debate any time soon it seems. Today’s interest rate decision produced few surprises with the Bank sticking at 0.5%. But the headlines are focusing instead on its warning about the consequences of a vote to leave the EU. The wording about the dangers of Brexit was the starkest yet. The Bank of England said: ‘A vote to leave the EU could materially alter the outlook for output and inflation and therefore the appropriate setting of monetary policy. Households could defer consumption and firms delay investment, lowering labour demand and causing unemployment to rise’ As doomsday scenarios go, excluding the Prime Minister’s warning about World War three, they don’t come much darker than this.

Britain’s trade deficit - the gap between what the UK imports and exports - is now at its biggest since the financial crash in 2008. The latest figures out today show that the difference between the two is now £13.3bn for the first four months of 2016. That’s a jump from £12.2bn at the end of 2015. So what do the figures actually mean? City analysts have described the trade deficit as ‘truly horrible’. The British Chambers of Commerce said the gap between imports and exports was ‘unacceptably large’. It’s not only those from the business world having their say on the latest figures though. As ever, these statistics are also being interpreted through the lens of the upcoming EU referendum.