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Osborne breaks Referendum silence to reassure British business

Chancellor George Osborne has broken his silence on the result of the EU Referendum, appearing behind the lectern at the Treasury this morning.

In his first appearance since last Thursday’s vote, Osborne asserted that his job is to now stabilise the UK’s economy during uncertain times.

The Chancellor vowed to ‘do everything I can to make it work for Britain’ and insisted he would not stand down from his position, instead reassuring concerned businesses that Britain faces its future ‘from a position of strength’.

Before that statement the pound fell further, down another 2.6% against the dollar at $1.34, although Osborne insisted that Britain is ‘equipped for whatever happens’.

The Chancellor went on to say that Article 50 should only be triggered when there is ‘a clear view about what relationships the UK is seeking with our European neighbours’.

He finished by asserting that a plan to deal with Brexit should wait until the Office for Budget Responsibility has assessed the vote’s impact and until a new Prime Minister is in place.

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