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UK Treasury warns country will be much poorer with Brexit

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Mr Osborne says a Brexit UK cannot retain all the benefits of EU membership and none of the costs.

London

UK Chancellor of the Exchequer George Osborne  said that a UK Treasury analysis showed that the UK would be "permanently poorer"  if the nation left the European Union.

The 200-page Treasury document, written by government economists, estimates that Brexit would cause a fall

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