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IFS report warns Brexit could extend austerity

According to a new report, a vote to leave the European Union would hurt the public finances and potentially add up to two years to the government's austerity programme.

The Institute for Fiscal Studies says that leaving the EU could mean lower economic growth and a drop in tax receipts, and this would wipe out any potential savings.

Kamal Ahmed reports.

  • 25 May 2016
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