Brexit referendum could destabilise UK recovery, says IMF

Posted on Posted in World News

The International Monetary Fund has warned that Britain’s steady growth could be jeopardised by the uncertainty in the run-up to the referendum on EU membership in June.

The Washington-based organisation, which broadly backed the government’s handling of the economy, said on Wednesday the decision to hold an in-out vote injected another risk to UK growth when it was already under pressure from slowing global trade and turmoil in financial markets.

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