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Bank of England: Brexit could 'materially' lower UK growth

The Bank of England has warned that Britain leaving the EU could "materially" lower UK growth and lead to sharp falls in the value of the pound.

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Osborne: BoE warning 'big moment in EU debate'

Responding to the Bank of England's warning that a Brexit vote could "materially" lower UK growth, the Chancellor said it was a "big moment in the EU debate".

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