Brexit would cost UK households £2,200 by 2020, says OECD
by Larry Elliott from on (#1BYHE)
Thinktank predicts leaving EU would lead to damaging trade barriers and immigration slowdown, with limited economic benefits
The head of the west's leading economics thinktank has accused those campaigning for Britain to leave the European Union of being "delusional" as he warned that departure would cost the average household a month's salary, 2,200, by the end of the decade.
Angel Gurria, secretary-general of the Organisation for Economic Cooperation and Development, said future generations would pay the price of Brexit as he launched a report showing that departure would impose a "persistent and rising shock" on the economy.
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