Those Project Fear predictions in full:
David Cameron: “The job you do, the home you live in are at risk. The shock to our economy after leaving Europe would tip the country into recession.”
George Osborne: “A vote to leave would tip our economy into year-long recession with at least 500,000 UK jobs lost”
Treasury: “UK economy would fall into recession”, predicted 2016 Q3 growth between -0.1% and -1%
IMF: “Brexit would trigger recession”, predicted -0.3% GDP for Q3
Bank of England: Mark Carney said “It would be likely to have a negative impact in the short term… I certainly think that would increase the risk of recession.”
OECD: Short term impact of -1.25% GDP
Today’s GDP figures are +0.5%.
Also worth dealing with the Remainers who are countering this by whining that “we haven’t left the EU yet”. The predictions above were for the aftermath of a vote to leave, not Brexit itself.
Remoaners whining that “we haven’t left the EU yet”, the predictions were based on the “vote to leave” e.g. Treasury forecast pic.twitter.com/QhkIjfPIP4
— Euro Guido (@EuroGuido) October 27, 2016
Meanwhile Nissan have this morning confirmed it will build its new car in Sunderland. More good economic news “despite Brexit”…