Brexit would cost every household in the UK £4300 Osborne warns
Quitting the European Union would leave households £4,300 a year worse off, George Osborne warned as he prepared to release in-depth Treasury analysis on the cost of Brexit.
Britain's economy would shrink by 6% by 2030 if the country replicated Canada's trading agreements as advocated by Boris Johnson, according to the Chancellor.
The 200-page Government report assessing the long-term costs and benefits of EU membership as well as life outside shows the country would be left "permanently poorer".
In an article for The Times, Mr Osborne said: "The conclusion is clear: for Britain's economy and for families, leaving the EU would be the most extraordinary self-inflicted wound."
The study will say none of the alternative options to full EU membership would leave Britain with a...