David Cameron today stepped up his warnings over the dangers of quitting the EU by saying it would be like “put-ting a bomb under our economy” — risking the fury of Tory Outers with the high-octane claim.
The Prime Minister joined forces with senior Labour, Liberal Democrat and Green politicians to trigger alarm bells over the alleged risks of Brexit.
He argued that Bank of England Governor Mark Carney, nine out of 10 economists, the Treasury and the International Monetary Fund were all warning of the threat of an economic shock if Britain votes to Leave on June 23.
The Prime Minister predicted that this would mean a recession, that the UK would face a decade of “uncertainty” as it seeks to negotiate a new trade deal with the EU, and that there would be a blow to British trade to the Continent.
“Add those things together — the shock impact, the uncertainty impact, the trade impact — and you put a bomb un-der our economy,” he said in a speech in central London. “And the worst thing is we’d have lit the fuse ourselves.”
He accused the Leave campaign of a huge “con” trick using bogus figures.
The warning came after the pound fell to a three-week low against the dollar, following polls showing the Brexit campaign ahead. The latest YouGov survey put Leave on 45 per cent and Remain on 41 per cent. Sterling recovered after breakfast time.
With Labour leader Jeremy Corbyn not present at the event at the Oval, Harriet Harman rejected accusations that the Remain camp was seeking to scare people into voting to stay in by using dodgy statistics.
“I’m not going to be put off by people calling it Project Fear,” she said. “I am fearful about jobs, women’s rights at work, and I make no bones about it.”
Lib-Dem leader Tim Farron accused the Leave camp of a “campaign based on lies” and Green leader Natalie Bennett claimed rules to protect the environment were in “clear and present danger” from Brexit.
However, Boris Johnson warned Britain faces a “triple whammy of woe” that includes footing an extra £2.4 billion bill from Brussels if it stays in the EU.
Rises in the EU budget and the threat of more euro bailouts mean the risks of remaining are “massive”, he claimed in a speech in Stratford-upon-Avon.
Warning that immigration was fuelling Britain’s “very rapid” population growth, he added: “I repeat my challenge to the Remain campaign; what is their vision for Britain — where do they intend to build the houses? How will the health service cope?”
Pro-Brexit Labour MP Gisela Stuart claimed nearly 90 million people in Turkey and four Balkan countries were being “lined up for free movement followed by EU membership”. Yesterday Sir John Major branded Mr Johnson a “court jester” and accused Leave of being “deceitful”.
According to Standard
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