George Osborne
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Osborne: Leaving EU will lead to 'financial instability'

The Chancellor has warned that mortgage rates could go up if the UK pulls out of the EU.

Speaking in Washington at a meeting of the International Monetary Fund, George Osborne said the view from international finance ministers there was that a vote to leave would be a major shock to the world economy, leading to instability.

Vote Leave accused the Chancellor of intimidating the British public into voting his way.

Kamal Ahmed reports from Washington.

  • 15 Apr 2016
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