Advertisement

  1. National

'Brexit would plunge Britain into year-long recession'

Leaving the European Union would plunge Britain into a year-long recession with at least 500,000 jobs lost, according to Treasury analysis announced by the prime minister and chancellor.

George Osborne has warned that the country would suffer an "immediate and profound" economic shock if it voted in favour of Brexit.

The Treasury analysis has been released ahead of the referendum in one month's time.

View all 6 updates ›

More on this story