Britain’s Osborne turns fire on pro-Brexit campaigners

Osborne: ‘Leaving the EU is a one-way ticket to a poorer Britain.’ – EPA

LONDON: Finance minister George Osborne attacked pro-Brexit campaigners for saying Britain should not just leave the European Union but also its single market, as he sought to convince voters that the economy faces big risks in next month’s referendum.

Osborne said Britain would lose £200bil (US$287bil) a year in trade in 15 years’ time and miss out on the same amount in foreign investment, if it fell back on World Trade Organisation rules to govern its ties with the EU after a Brexit.