Ten Things You Need to Know Today: Monday 23 May 2016

1. Treasury: Brexit would spark year-long recession

New research from the Treasury claims leaving the EU would spark a year-long recession in the UK, with economic growth lowered by 3.6 per cent. Chancellor George Osborne warned of a "immediate and profound" economic shock in the event of Brexit. Leave campaigner Iain Duncan Smith said the report was "deeply biased".

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