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World / Americas

Brexit would lead to loss of income for Britons: OECD

Published: 27 Apr 2016 - 10:43 am | Last Updated: 10 Nov 2021 - 01:33 am
Peninsula

London: Britons would be less well off if they voted to leave the European Union than if they stayed, the head of the Organization for Economic Cooperation and Development (OECD) said on Wednesday.

"Brexit is like a tax. It is the equivalent to roughly missing out on about one month's income within four years," secretary general Angel Gurria told BBC radio ahead of the publication of an OECD report into Brexit.

AFP