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Cameron warns Brexit poses 'huge risk' to economy

British Prime Minister David Cameron speaks to the press in front of 10 Downing street in London on June 21, 2016. (AFP photo)

British Prime Minister David Cameron has warned that a vote to leave the European Union in an upcoming referendum would be “irreversible” and a “huge risk” to the country's economy.

Speaking outside his official residence in London on Tuesday, Cameron said leaving the EU would risk Britain’s economic security and future generations would have to live with the consequences.

“They can't undo the decision we take,” he said. “If we vote out, that's it. It's irreversible.”

“Above all it is about our economy,” the prime minister warned. “It will be stronger if we stay. It will be weaker if we leave. And that is a huge risk to Britain, to British families, to British jobs.”

Two days before a referendum on EU membership, Cameron appealed directly to older voters who are the most skeptical segment of the population, saying, “Think about the hopes and dreams of your children and grandchildren.”

Other prominent Britons were also speaking out on the issue elsewhere in the country.

On Tuesday, British football icon David Beckham called on Britons to vote against leaving the EU, saying that the bloc is like a football team where all players need to work together.

“We live in a vibrant and connected world where together as a people we are strong. For our children and their children we should be facing the problems of the world together and not alone,” Beckham said in a Facebook statement.

The UK will hold a referendum on June 23 on whether the country should remain a member of the 28-member union.

Membership of the EU has been a controversial issue in the UK since the country joined the then European Economic Community in 1973.

Those in favor of a withdrawal argue that outside the bloc, Britain would be better positioned to conduct its own trade negotiations, better able to control immigration, and get rid of excessive EU regulations and bureaucracy.

Those in favor of remaining in the bloc argue that leaving it would risk the UK's prosperity, diminish its influence over world affairs, and result in trade barriers between the UK and the EU.


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