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06-27-2016, 12:24 PM
Chancellor tries to calm markets after Brexit vote: 'We are open for business'
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LONDON — Chancellor George Osborne tried to calm markets following the shocking Brexit referendum results in his first post-vote statement.
In a bid to reassure the British people and the global market, Osborne said (https://www.gov.uk/government/speeches/statement-by-the-chancellor-following-the-eu-referendum) Britain's eco**my "is about as strong as it could be to face this challenge."
SEE ALSO: Petition calling for reconsideration of Brexit referendum has an ironic origin (http://mashable.com/2016/06/26/brexit-petition-irony/)
"Britain is ready to confront whatever the future holds for us," he said, adding that contingency measures and "swap lines" have been put in place.*
He said it's "inevitable" that Britain will have to adjust to the new situation but indicated there will be ** immediate emergency budget.* Read more... (http://mashable.com/2016/06/27/brexit-osborne-article-50-britain/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about George Osborne (http://mashable.com/category/george-osborne/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Article 50 (http://mashable.com/category/article-50/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Brexit (http://mashable.com/category/brexit/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Eu Referendum (http://mashable.com/category/eu-referendum/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Britain (http://mashable.com/category/britain/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/WJQ59dwyWMc
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LONDON — Chancellor George Osborne tried to calm markets following the shocking Brexit referendum results in his first post-vote statement.
In a bid to reassure the British people and the global market, Osborne said (https://www.gov.uk/government/speeches/statement-by-the-chancellor-following-the-eu-referendum) Britain's eco**my "is about as strong as it could be to face this challenge."
SEE ALSO: Petition calling for reconsideration of Brexit referendum has an ironic origin (http://mashable.com/2016/06/26/brexit-petition-irony/)
"Britain is ready to confront whatever the future holds for us," he said, adding that contingency measures and "swap lines" have been put in place.*
He said it's "inevitable" that Britain will have to adjust to the new situation but indicated there will be ** immediate emergency budget.* Read more... (http://mashable.com/2016/06/27/brexit-osborne-article-50-britain/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about George Osborne (http://mashable.com/category/george-osborne/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Article 50 (http://mashable.com/category/article-50/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Brexit (http://mashable.com/category/brexit/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Eu Referendum (http://mashable.com/category/eu-referendum/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Britain (http://mashable.com/category/britain/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/WJQ59dwyWMc