Sunday July 12, 2020

'Brexit' would cost UK households £4,300 a year, Osborne warns

The UK Chancellor of the Exchequer says a vote to leave would shrink the UK economy

18th April, 2016
British Chancellor of the Exchequer George Osborne

“Leave the EU, and the facts are: Britain would be permanently poorer," Osborne wrote. "Britain’s families would be permanently poorer too.”

Monday’s report is the latest in a series of economic warnings issued by Prime Minister David Cameron’s government as it seeks to convince voters to remain in the 28-nation bloc. It will counter claims by campaigners for Brexit, including Justice Secretary Michael Gove and Mayor of London Boris Johnson, that...

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