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David Cameron and Boris Johnson go to war over EU referendum claimsDavid Cameron warned of mass job losses and lower wages if Britain votes to leave the EU - as Boris Johnson dismissed his doomsday Treasury report as a ‘hoax’. The PM and Chancellor George Osborne said a ‘rigorous’ Treasury analysis of the impact of Brexit shows between 500,000 a

nd 820,000 jobs would be lost as Britain plunges into recession. At an event with easyJet bosses the PM will also warn the pound would fall between 12% and 15% - slapping 230 on the price of a family holiday to Europe. But ‘Vote Leave’ campaigner Boris Johnson dismissed the Treasury report as “propaganda”. “These types of prophecies are not credible,” Mr Johnson said. Video LoadingVideo UnavailableClick to playTap to playThe video will start in8CancelPlay now “You have to ask yourself - why on earth would the Government call a referendum if they genuinely thought that was the case? “It makes absolutely no sense at all. Nobody could conceivably take such a risk with this country.” Read more:Brexit will hurt the worlds poorest people warns chief of the World Bank Speaking in Hampshire Mr Osborne insisted a crash wo

uld be caused by the deep uncertainty triggered by a vote to leave, by vo

latility on the financial markets and the impact of new trade barriers with Europe. Parts of the Treasury report released over the weekend said house prices would be up to 18% lower if we vote to leave, while mortgage costs would rise. Inflation is also predicted to soar, leaving household bills for food and clothes 220-a-year higher on average. Prime Minister David Cameron and Boris Johnson are going head-to-head (Image: PA) And on Sunday night Mr Osborne revealed the Treasury’s central prediction – that Brexit would trigger a year-long recession across the UK. The report claims that would leave average wages between 2.8% and 4% lower than if we remained in the EU – an average hit for full-time workers of

at l

east 800-a-year. The wider economy would be between 3.6% and 6% smaller - meaning a recession potentially similar to that which struck in the early 1990s. “It’s the working people of Britain who will pay the price if we leave the EU,”

Mr Osborne said. At the event in Luton Mr Cameron will further crank up the do香港白小姐资料一肖 om-mongering with a warning that leaving the EU would make travelling abroad more expensive. George Osborne has warned Brexit will trigger a recession (Image: Reuters) He will appear alongside Carolyn McCall, chief executive of easyJet, who said: “If the UK were to vote to leave the EU any new, more restrictive aviation arrangements would add cost and therefore fares would rise. “And a weaker pound would mean the cost of a holiday abroad – including food, accommodation and drinks – would be more expensive.” But ‘Leave’ campaigners said the Treasury frequently makes poor economic forecasts and that its 83-page study did not take into account steps

the Government

or Bank of England might take to mitigate the economic shock. And Mr Johnson said the constant warnings of an economic crash could actually become ‘self-fulfilling’ if Britain does vote to leave. Video LoadingVideo UnavailableClick to playTap to playThe video will start in8CancelPlay now “My own feeling is there is some risk now that the prophecies are so doom-laden that there is a risk of them becoming self-fulfilling,” he said. “I am worried that they are starting to talk Britain down quite significantly. I don’t think it’s necessary.” Even Scottish National Party leader Nicola Sturgeon - who is campaigning for ‘Remain’ - att

acked the ‘Project Fear’ approach. “I think you only have to look at the Scottish referendum to know that that kind of fear-based cam

paigning, that starts to insult people’s intelligence, can have a negative effect,” she said. poll loadingShould Britains future be inside or outside the EU?4000+ VOTES SO FARINOUT Read MoreEU Referendum 2016EU referendum results explainedPound plunges after Leave winsWhat happens next after Brexit?David Cameron resigns

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