Chancellor tries to calm markets after Brexit vote: 'We are open for business'

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Chancellor tries to calm markets after Brexit vote: 'We are open for business'

Chancellor tries to calm markets after Brexit vote: 'We are open for business'

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 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


"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...


More about George Osborne, Article 50, Brexit, Eu Referendum, and Britain

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