So says the Organisation for Economic Cooperation and Development
The OECD have been releasing detail from their study on the potential Brexit fall-out.
- fall out to hit rest of OECD economies especially in Europe
- UK membership in the EU has contributed to its economic prosperity
- uncertainty of the outcome ahead of the June 23 referendum has already impacted on growth and sentiment
- UK GDP would be 3% lower by 2020 on Brexit. 5% lower by 2030
- UK voting to leave would impact on other economies
- EU GDP to lose 1% by 2020 if UK leaves
Full report from the OECD here
Seems like the Leave campaign need to come up with some hard facts to support their stance in the wake of the deluge of Remain defence/scare-mongering from all quarters.
One problem is that the Remain camp can quote from the knowns whereas the Leave supporters are all dealing in hypothetical territory.
