UK EU exit would be global economy 'shock': G20 leaders

February 28, 2016 00:16

Finance ministers from the world's leading economies have warned of a "shock" to the global economy if the UK leaves the EU.

Britain's Chancellor George Osborne said the referendum issue was "deadly serious".

The chancellor said: "The financial leaders of the world's biggest countries have given their unanimous verdict and they say that a British exit from the EU would be a shock to the world economy.

"And if it's a shock to the world economy imagine what it would do to Britain."

He added: "This isn't some adventurous journey into the unknown, with all the humour attached to it, this is deadly serious."

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