George Osborne
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EU referendum: Welsh economy 'at risk' from Leave vote

Leaving the EU would have a "profound economic shock" on Wales, Chancellor George Osborne has warned.

Mr Osborne said it would cost tens of thousands of jobs, lower the value of homes and put the tourism industry in Wales at risk.

On a visit to north Wales he also said the UK had a bright future inside a reformed EU.

But Monmouth Tory MP David Davies said the fortunes of the steel industry showed how EU membership could prove costly for Welsh jobs.

  • 13 Jun 2016