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What would happen to the economy if Britain leaves the EU?

The Treasury has issued a series of dire warnings, even claiming that Britain would be plunged into a year-long recession in the event of Brexit.

Pro-EU Chancellor George Osborne warns that the pound would weaken, while up to 820,000 jobs could be lost within two years.

He has claimed that the economy would be six per cent smaller and British households would each be worse off by

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