Wednesday, June 15, 2016

Osborne warns a Brexit will require emergency budget, his own MPs threaten to block the move

Britain's Finance Minister is warning he will be forced to slash public spending and increase tax revenues in an emergency budget if Britain votes for a so-called Brexit in an upcoming referendum on whether to stay or leave the European Union.   

However a group of MP's from his own Conservative party have promised to block such a budget and said such cuts to public services to plug a hole in public finances would be unacceptable.    From London, Catherine Drew reports. 

IN: "Chancellor George…"

OUT: SOC

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