Here's What Happens to the U.K. Economy in a `Brexit' Scenario
- U.K. economy could experience `nasty shock,' BI economists say
- Britain's EU referendum could be held as early as June
U.K. Targets Feb. Deal to Allow June Brexit Vote
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Three is the magic number, unless you’re the U.K. and you’ve just decided to leave the European Union.
According to analysis by economists Jamie Murray and Dan Hanson at Bloomberg Intelligence, a “Brexit” would deliver three punches to the 1.8 trillion-pound ($2.6 trillion) economy through confidence, credit and currency shocks. The referendum on the U.K.’s membership of the European Union could take place as early as June.