The projected “black hole” in Britain’s finances as a result of the Brexit vote is roughly in line with projections made by George Osborne a week before the referendum and denounced as a “brazen smear” by campaigners to leave the European Union.
The then chancellor of the exchequer, sharing a stage with his Labour predecessor Alistair Darling, said on June 15 the public finances would take a 30 billion-pound ($37 billion) hit if Britain voted to leave. The Office for Budget Responsibility projects the U.K. will have to borrow 21.9 billion pounds in 2020, compared with the 10.4 billion-pound surplus predicted in March.
http://www.bloomberg.com/news/articl...rexit-warnings
Good thing we didn't fall for project fear eh chaps