A vote to leave the European Union in the ‘Brexit' referendum that will take place one month today would see thousands lose their jobs, the value of the pound slump and GDP drop by up to 6%.
These are among the conclusions of a significant piece of analysis due to be published by the Treasury today and trailed in a joint article for the Telegraph by David Cameron and George Osborne. Warning of the risks of a "DIY recession", the UK's two most senior politicians write: "The analysis produced by the Treasury today shows that a vote to leave will push our economy into a recession that would knock 3.6 per cent off GDP and, over two years, put hundreds of thousands of people out of work right across the country, compared to the forecast for continued growth if we vote to remain i...
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