Bloomberg Chancellor of the Exchequer George Osborne hit back at claims he’s scaremongering in his campaign to keep Britain in the European Union, saying “there is a lot to be scared about.” Osborne rejected accusations he had misrepresented Treasury analysis of the consequences of a vote to leave the EU on June 23 and overstated the impact of an ...

  Bloomberg The U.K.’s 10-year government bond yield dropped to a record before an auction of index-linked debt, the final sale before the nation’s referendum on European Union membership. The yield could fall further to 1 percent in the event that the U.K. votes to leave the world’s biggest single market on June 23, according to Daniela Russell, a portfolio ...

  Bloomberg A U.K. vote to leave the European Union could cut gross domestic product of the Netherlands by €10 billion ($11.4 billion) by 2030 due to an increase in the cost of trade, having a “relatively severe effect” on the economy, the Dutch planning agency said. Assuming that trade also fosters innovation, Brexit-related costs could increase another 65 percent, ...