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IMF: Brexit hit to UK could be 'pretty bad to very, very bad'

Britain leaving the EU could have a "negative and substantial effect" on the UK's economic growth, the International Monetary Fund has said.

"A vote for exit would precipitate a protracted period of heightened uncertainty, leading to financial market volatility and a hit to output," the IMF said in a report published on Friday.

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IMF's 'forecasting record poor'

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