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  1. ITV Report

Almost nine in 10 economists believe leaving the EU would damage the UK economy

More than eight in ten economists questioned by Ipsos Mori for the Observer believe Brexit would cut household incomes. Credit: Reuters

Almost nine in 10 economists believe Brexit would be damaging for the UK economy, a new survey suggests.

A poll of 600 economists conducted by Ipsos Mori for the Observer found that 88% believe withdrawal from the EU would have an adverse impact on Britain's growth rates over the next five years.

The survey of members of the Royal Economic Society and the Society of Business Economists also found that 82% of respondents believe Brexit would cut household incomes.

A further 61% said they believe leaving the EU would fuel unemployment.

David Cameron welcomed the survey, saying: "This poll confirms the overwhelming view of economists - leaving the EU would damage our economy, costing jobs and increasing prices. We are stronger, safer and better off in the EU."

This is the final nail in the coffin of the Leave campaign's economic credibility. It is becoming clear that leaving is a risk we simply cannot afford to take.

– Will Straw, Britain Stronger in Europe Campaign Director