Call it scare tactics or Project Fear, leading lights of the Remain in EU and Leave EU camps have been vigorously debating the impact of either decision. Under all scenarios the economy shrinks, the value of the pound falls, inflation rises, unemployment rises, wages are hit, and as a result - government borrowing goes up”. “A vote to leave is a vote for recession. Because that’s what's in prospect if we vote to leave the EU”. Meanwhile, research by the Reuters Institute for the Study of Journalism at Oxford revealed that the British press has been predominantly pro-Brexit.

Source: Hindustan Times May 23, 2016 08:11 UTC