8ccacb51f801df10a5040316eb6a52d47dd86ca4

British Treasury warns leaving EU would cause recession

Leaving the European Union would tip Britain into a “year-long recession”, finance minister George Osborne warned Monday as campaigning stepped up a month from a referendum on membership of the bloc. Analysis released by the Treasury argued that leaving would cause “an immediate and profound economic shock” to Britain and damage economic growth. “With exactly one month to go to the referendum, the British people must ask themselves this question: can we knowingly vote for a recession?” Osborne said in an accompanying statement.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Donald Trump: TIME Person of the Year 2016 https://t.co/EfCGmZoEb1 #timepoy #timemagazine https://t.co/ZIBgutZY10 - 2 days ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article

Leave a Reply

Your email address will not be published. Required fields are marked *