Thursday 21 September 2017

Osborne says crucial to provide fiscal stability

UK Chancellor of the Exchequer George Osborne. Photo: Reuters
UK Chancellor of the Exchequer George Osborne. Photo: Reuters

Chancellor George Osborne said it was key that Britain provided fiscal stability in the wake of the decision to exit the European Union which has seen sterling plunge and markets tumble.

"We are in a prolonged period of economic adjustment in the UK, we are adjusting to life outside the EU and it will not be as economically rosy as life inside the EU," he told BBC Radio. "I think we can provide a clear plan."

Reuters

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