Brexit would cause year-long recession, UK Treasury says
Cameron says referendum matters more than a general election
The UK faces
a year-long recession if it leaves the European Union, according to a Treasury forecast issued as the government tries to persuade undecided voters that the risks of a so-called Brexit are too great.
The Treasury’s assessment of the short-term impacts of a vote to quit the bloc, to be published on Monday morning, offers two possibilities. Under its “shock scenario,” which it describes as “cautious,” Britain’s gross domestic product in ...
