`Brexit' Could Cost U.K. 950,000 Jobs by 2020, CBI Study Says
- Study shows leaving EU might knock $145 billion off GDP
- CBI campaigning to stay in bloc after survey of membership
Pedestrians walk across London Bridge towards the City of London financial district, U.K., on Monday, Jan. 4, 2016. U.K. stocks got no respite in the new year, after their worst annual drop since 2011, amid investor concern over a slowdown in China, the biggest consumer of commodities.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
Leaving the European Union might cost the U.K. 100 billion pounds ($145 billion) in lost economic output and 950,000 jobs by 2020, the Confederation of British Industry said as it stepped up its campaign against a so-called Brexit.
QuickTake Will Britain Leave the EU?