UK economic growth could be hit in a 'negative and substantial' way, if Britain votes to leave the EU, according to the International Monetary Fund.
A regular report on the state of the British economy from the IMF suggests a so-called Brexit would cause volatility on the financial markets and reduce economic output.
The IMF also believes a vote to Leave could reduce London's influence as a global financial centre.
Britain votes on its European Union membership on 23rd June.
At a press conference in London, IMF boss Christine Lagarde was asked why British voters should listen to her organisation on the EU…after her organisation's recent predictions on austerity measures harming the UK economy were proven wrong.
IN: "Sometimes…
OUT: …negative side."
DUR: 32 secs
