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UK ready to face the future from a position of strength, says Chancellor Osborne

Monday, June 27th 2016 - 10:06 UTC
Full article 25 comments

Chancellor of the Exchequer George Osborne has said the UK is ready to face the future “from a position of strength” and indicated there will be no immediate emergency Budget. However he admitted there would still need to be an “adjustment” in the UK economy, and it was “perfectly sensible to wait for a new prime minister” before taking any such action. Read full article

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  • Merry Englander

    That's the spirit.
    Time to go out in to the world and get in amongst 'em.

    Jun 27th, 2016 - 10:34 am - Link - Report abuse 0
  • Skip

    Australia and New Zealand have decided to jointly approach the UK on a new trade and immigration deal.

    Adapt or die.

    Jun 27th, 2016 - 11:36 am - Link - Report abuse 0
  • Englander

    Australian and New Zealand food products are high quality and very good value.

    Jun 27th, 2016 - 01:06 pm - Link - Report abuse 0
  • Nowhere-man

    What a surprise........the balls of those two states.

    Jun 27th, 2016 - 01:59 pm - Link - Report abuse 0
  • Vestige

    2 - they might want to hold back a while. UK as its known soon may not exist for aus to trade with, if the Scots have their way.

    Vote leave. Lol.

    Jun 27th, 2016 - 02:19 pm - Link - Report abuse 0
  • Clyde15

    In case you had not noticed, the Brexit vote has been taken. There is no other vote on the horizon....please keep up.

    Jun 27th, 2016 - 04:05 pm - Link - Report abuse 0
  • The Voice

    Welcome back to our antipodean pals. Its been a long time.

    Jun 27th, 2016 - 06:59 pm - Link - Report abuse 0
  • Skip

    Australia and New Zealand have already been (separately this time) negotiating a trade only deal with the EU.

    People can vote however they want. Seems we are covering all bases.

    Adapt or die.

    Jun 27th, 2016 - 08:14 pm - Link - Report abuse 0
  • ElaineB

    @8 There is no question we will adapt and no one is going to die. The only point of debate is whether we were better off in than out. We are now leaving and nothing will change that but part of the process of accepting and uniting is to talk it through.

    Jun 27th, 2016 - 10:16 pm - Link - Report abuse 0
  • Skip

    That is a debate left to the history books and not something that can be answered within a week of the vote. People need perspective and the 24-hour news cycle is not going to allow that.

    The fact is that countries like Australia and New Zealand are already adapting to this new reality.

    Jun 28th, 2016 - 12:39 am - Link - Report abuse 0
  • Frank

    NZ and Oz are battling to satisfy asian demand for their stuff... good luck trying to buy a leg of lamb at a half way decent price in Unzud these days .

    If Wales gets independence Oz could always try selling them lamb I guess....

    Jun 28th, 2016 - 01:13 am - Link - Report abuse 0
  • ElaineB

    @10 I absolutely don't agree with you. Now the campaigning lies are being revealed is exactly the time to debate the reality.

    Jun 28th, 2016 - 01:23 am - Link - Report abuse 0
  • Englander

    10 Agreed, UK needs to move quickly to secure its future. No point in crying over spilt milk and more navel gazing.

    Jun 28th, 2016 - 06:10 am - Link - Report abuse 0
  • golfcronie

    We do not leave the EU until both the EU and the UK agree the terms and that could take many years. Why are people a big deal of this.Invoking the Clause 50 at the earliest when we get a new Tory leader in October will then lead to negociations which could take 2 years or longer. I know the Markets don't like uncertainty but they have hammered the markets and we will not leave for at least another 2 years.

    Jun 28th, 2016 - 06:48 am - Link - Report abuse 0
  • Skip

    Get some perspective Elaine.

    “The only point of debate is whether we were better off in than out”

    How can that be debated when you aren't out and don't know what being out will be like or bring?

    You're too caught up in the hysteria of an event that happened about 100 hours ago. In 5 years time you might be able to have that debate on facts but at the moment all anyone has is predictions on what will ACTUALLY happen.

    Jun 28th, 2016 - 08:03 am - Link - Report abuse 0
  • ElaineB

    @15 No one is hysterical. And apart from you, everyone wants to talk about it. If anything, talking it through has the opposite effect of hysteria. You don't have to join in if you don't want to.

    Jun 28th, 2016 - 10:04 am - Link - Report abuse 0
  • Lucdeluc

    Another cracker from Borowitz

    http://www.newyorker.com/humor/borowitz-report/british-lose-right-to-claim-that-americans-are-dumber

    Jun 28th, 2016 - 10:49 am - Link - Report abuse 0
  • Briton

    As long as we stay together , work together , and don't panic,
    the future is bright.

    Jun 28th, 2016 - 08:05 pm - Link - Report abuse 0
  • ChrisR

    @ 15 Skip

    Oh, oh!

    Now you been and gone and woken the Cracken!

    Jun 28th, 2016 - 08:17 pm - Link - Report abuse 0
  • ElaineB

    @19 PERVERT!!

    Jun 28th, 2016 - 08:20 pm - Link - Report abuse 0
  • Voice

    ...a position of strength...?
    My shares beg to differ....

    Jun 28th, 2016 - 11:50 pm - Link - Report abuse 0
  • Skip

    Yes Chris

    So much brexsteria in less than a week. People need to just calm down and wait.

    Look, even Voice associates a nation's power with share prices!

    Jun 29th, 2016 - 03:56 am - Link - Report abuse 0
  • Englander

    Shares had a good day yesterday.
    National Grid have never been as high. Unilever, Glaxo and Imperial Brands also doing very well.
    One major worry appears to be Banks with Deutsche Bank in serious trouble.

    Jun 29th, 2016 - 06:21 am - Link - Report abuse 0
  • DennisA

    “we should only do that when there is a clear view about what new arrangements we are seeking with our European neighbors.”

    Article is all about doing exactly that. Delays are fudging the issue in the hope that somehow everything can go back to June 22nd. Ain't goin' to happen Marty.

    Note that Obama has now said the UK can move to the front of the queue alongside the EU in trade negotiations? He still wants to try and get signatures on TTIP before he leaves.

    Jun 29th, 2016 - 08:42 am - Link - Report abuse 0
  • Briton

    580 odd million in side the European union to trade with
    against over 2.2billion outside to trade with.

    Jul 01st, 2016 - 07:04 pm - Link - Report abuse 0

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