George Osborne: OECD report describing 'the real world'published at 14:29 British Summer Time 1 June 2016
Chancellor George Osborne comments on the OECD's report that the UK's economy would suffer "a large negative shock" if it left the EU.
He says there is "a contrast today between the Leave campaign with their fantasy politics, unworkable proposals that will increase immigration, take us out of the single market and cost us jobs and the reality check in the real world with the highly respected OECD, which points out the grim economic future for the UK outside of the EU".
He adds:
Quote MessageThe hit to people’s living standards will be strongly negative if we do vote to leave and you have today the business experts and the trade unions all telling us that Britain will be poorer if we vote to leave the EU."