Friday, May 13, 2016

 

IMF:UK Economy Could Suffer From Brexit.

The IMF will hit out at Britain's possible exit from the EU in a report of its annual assessment of the UK economy.

The IMF will today hit out at Britain's possible exit from the European Union in a report of its annual assessment of the UK economy.

The report will be presented by Managing Director Christine Lagarde at the Treasury this morning alongside Chancellor George Osborne.

It comes hours after the Bank of England surprised many by firmly indicating it has concerns about the economic consequences of a vote to leave the EU.

Leave campaigners hit back against the Bank's Governor Mark Carney, including Tory MP Jacob Rees-Mogg and member of the Treasury Select Committee, who called for Governor Carney to be fired.

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