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UK Treasure warns economic recession if Britain leaves the EU

The UK Treasury has warned Britain’s economic growth could tank by 3.6% if it leaves the European Union (EU).
The UK Treasury said in a recent report that the British economy could be tipped into a year-long recession with the loss of 820,000 jobs should Britain leave the EU.
It also warned that the falling pound would drive prices for imported goods upwards and house prices would drop by about 10% across the country.

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