BREAKING: George Osborne makes statement to steady market
CHANCELLOR George Osborne said Britain is "ready to confront what the future holds for us from a position of strength" in his first public reaction to Brexit.
Mr Osborne said it was "inevitable" the economy would have to adjust following the Brexit vote but he would do "everything I can" to make it work.
In a message to nervous firms and investors, Mr Osborne stressed the economy was "fundamentally strong" and "open for business".
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