Brexit could lead to recession according to British finance minister Osborne

EPA/ANDY RAIN

British Chancellor of the Exchequer George Osborne holds up the red briefcase outside No 11 Downing Street prior to announcing his budget to parliament in London, Britain, 08 July 2015

Brexit could lead to recession according to British finance minister Osborne


One month before the crucial British EU referendum on 23 June, the campaign to leave or stay in the EU is in its most heated phase.

The Chancellor of the Exchequer, George Osborne, is among the most prominent pro-Remain in the British government and on Monday 23 May delivered another report aimed at undecided voters. In it, Osborne values the negative effects a Brexit will have on the British economy.

"The British people must ask themselves this question: can we knowingly vote for a recess...


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