Brexit would see UK growth slow, stocks lag - Morgan Stanley

By Jemima Kelly LONDON (Reuters) - British growth would plunge to 1 percent and stocks would underperform by as much as 20 percent if voters opted to leave the European Union, U.S. investment bank Morgan Stanley said in a report on Wednesday. Prime Minister David Cameron has promised to renegotiate Britain's EU ties and then hold a referendum by the end of 2017 on whether to remain a member. Most observers believe the ballot will come next year, with Morgan Stanley betting on autumn 2016.