Proof the imf's claims about brexit and the economy is wrong

Traders rubbished the fund's attempts to sway people to vote in, and ploughed cash into Britain's biggest companies listed on the FTSE 100. The market had jumped by 1.45 per cent

by lunchtime to reach a 2016 peak of 6341. The winning performance is embarrassing for the IMF, which yesterday claimed fears of a Brexit were creating market volatility and uncertainty for

the economy, which would continue if Britain decides to leave the European Union in June's referendum. Critics hit back and said the fund is wrong and there is no evidence the prospect

of a vote is creating uncertainty. Today they have been proved right, with investors shrugging off the IMF's warnings. Traders rubbished the fund's attempts to sway people to vote

in, and ploughed cash into Britain's biggest companies listed on the FTSE 100. The market had jumped by 1.45 per cent by lunchtime to reach a 2016 peak of 6341. The winning performance

is embarrassing for the IMF, which yesterday claimed fears of a Brexit were creating market volatility and uncertainty for the economy, which would continue if Britain decides to leave the

European Union in June's referendum. Critics hit back and said the fund is wrong and there is no evidence the prospect of a vote is creating uncertainty. Today they have been proved

right, with investors shrugging off the IMF's warnings. In fact, the FTSE 100 - an indicator of confidence in firm's listed in Britain - has broadly climbed higher from lows seen

in the middle of February, after the vote was announced on February 20. It also proves George Osborne wrong, after he yesterday attempted to corroborate the IMF's statements. Critics

said it was likely the Chancellor had asked his friends at the fund to make the warning to help boost the Government's claims Brexit would damage the country. In fact, the FTSE 100 - an

indicator of confidence in firm's listed in Britain - has broadly climbed higher from lows seen in the middle of February, after the vote was announced on February 20. It also proves

George Osborne wrong, after he yesterday attempted to corroborate the IMF's statements. Critics said it was likely the Chancellor had asked his friends at the fund to make the warning

to help boost the Government's claims Brexit would damage the country. Vote Leave chief executive Matthew Elliott yesterday said: "The IMF has talked down the British economy in

the past and now it is doing it again at the request of our own Chancellor. "It was wrong then and it is wrong now. "The irony is that if we Vote Remain our voice at the IMF will

be silenced as the EU wants to take our seat at the top table in return for the £350 million we hand to Brussels every week. "The biggest risk to the UK’s economy and security is

remaining in an unreformed EU which is institutionally incapable of dealing with the challenges it faces, such as the euro andmigration crises." Vote Leave chief executive Matthew

Elliott yesterday said: "The IMF has talked down the British economy in the past and now it is doing it again at the request of our own Chancellor. "It was wrong then and it is

wrong now. "The irony is that if we Vote Remain our voice at the IMF will be silenced as the EU wants to take our seat at the top table in return for the £350 million we hand to

Brussels every week. "The biggest risk to the UK’s economy and security is remaining in an unreformed EU which is institutionally incapable of dealing with the challenges it faces, such

as the euro andmigration crises."