UK's Treasury: Brexit could cause the pound index to fall 12-15%
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Following are the details of the UK Treasury report on the short-term impacts of Brexit.
Could push up jobless by 520k-820k
Could lower real wages by 2.8-4.0%
Could raise inflation by 2.3-2.7 PP
Budget deficit could rise 24-39bn
Would put tens of thousands of finance jobs at risk
EU vote has already pushed sterling lower
Treasury model assumes BOE keeps base rate unchanged
A Brexit vote would result in a marked deterioration in the economic security and prosperity
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