The United Kingdom would become permanently pooper should British people vote to leave the European, Chancellor George Osborne cautioned.

Based on a Treasury research looking into the expense of a Brexit, the country’s income could drop 6% by 2030.

Osborne said the data highlights the reality and moves away from articulacy. However, Vote Leave refuted his warnings.

MP John Redwood countered such warnings were entirely preposterous, saying the projections were useless according to previous figures.

UK people will cast their ballots in an in/out referendum set for June 23.

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