Would Brexit add two years to austerity?published at 08:46 British Summer Time 25 May 2016
Reality Check
The claim: The economic impact of leaving the European Union would lead to a loss of £20bn to £40bn from the public finances, extending austerity by a further two years, according to the IFS.
Reality Check verdict: The relationship between Brexit and the public finances may not be exactly as described. But if - like them - you accept predictions that leaving the EU would cut economic growth, it is hard to imagine that would not hit the public finances. Such a scenario would require spending to be cut further, taxes to be increased or the period of austerity to be extended.