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		</div><p>Family shopping bills are set to rise by £220 (€284.45) a year if Britain quits the European Union, David Cameron has warned.</p>
<p>A vote to leave would mean the average family shelling out an extra £120 (€155.16) a year on food and drink, the Prime Minister said.</p>
<p>An extra £100 (€129.30) is likely to go on increased clothing and footwear costs, fuelled by a fall in sterling, according to Treasury analysis.</p>
<p>Mr Cameron said: &#8220;This analysis makes absolutely clear that British families are better off remaining in a reformed European Union. Independent studies show that a vote to leave would hit the value of the pound, making imports more expensive and raising prices in the shops.</p>
<p>&#8220;This isn&#8217;t about dry economics; this is about the economic security of hardworking families in Britain. Families are better off voting to remain in the EU &#8211; the alternative is a leap in the dark that would risk prosperity and security.&#8221;</p>
<p>A fall in sterling of more than 10% predicted to be caused by Brexit would put upward pressure on the price of imports, pushing up the cost of everyday items by more than £220 (€284.45) for a family of four after two years, according to the Treasury.</p>
<p>Asda president Andy Clarke said: &#8220;A vote to leave represents uncertainty, including on prices. That is why our position in this debate has been clear from the outset &#8211; Britain should remain within the EU.&#8221;</p>
<p>Former chief executive of Waitrose Mark Price said: &#8220;As a former head of Waitrose, I know the retail sector inside and out. It&#8217;s clear that leaving the EU will see further pressure on the pound, which will mean higher prices for consumers.&#8221;</p>
<p>Quitting the 28-member bloc would send prices in the shops rocketing and risk a spike in inflation, job losses and a plunging pound, other leading high street bosses have claimed.</p>
<p>Former chiefs of Tesco, Sainsbury&#8217;s, Marks &#038; Spencer and B&#038;Q warned that leaving could have a &#8220;catastrophic&#8221; impact on the economy.</p>
<p>In an article for the Mail on Sunday they said: &#8220;We believe an exit could be catastrophic for the consumer recovery on which so much of our economic stability depends.</p>
<p>&#8220;It is impossible to see how there could be an exit without an impact on prices and inflation. The unintended consequences of a Leave vote and the uncertainty it would create would be a massive shock to the system.&#8221;</p>
<p>Other EU countries could &#8220;exploit&#8221; exit negotiations for their own benefit, they warned.</p>
<p>&#8220;It&#8217;s difficult to imagine that French farmers will continue to allow British lamb to be freely imported,&#8221; they said.</p>
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