Brexit

British Finance Minister George Osborne tries to quell nerves

David Brancaccio Jun 27, 2016
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Brexit

British Finance Minister George Osborne tries to quell nerves

David Brancaccio Jun 27, 2016
HTML EMBED:
COPY

With the recent “Brexit” vote causing turmoil in the world’s markets, Britain’s finance minister George Osborne is trying to calm U.K. citizens. 

His efforts to stop people from panicking contrast with his rhetoric prior to the referendum. Osborne warned that a vote for Brexit would lead to a cataclysm, causing him to introduce an emergency budget, hike taxes and make spending cuts. 

Click the above audio player to hear the full report. 

 

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