LONDON (AP) – The head of the British Treasury George Osborne tried Monday to reassure markets, amid concerns of investors about the consequences for Britain to leave the European Union
. in his first public appearance since the referendum on Thursday to leave the EU, Osborne tried to calm the markets hit by the result. With calm demeanor, he said that the UK economy is as strong as it could to meet the challenges of international reaction, and that is in a much better than it was at the beginning of the financial crisis of 2008 position.
“The next few days will not be a walk,” he said, adding that Britain is “equipped for anything that might happen.”
The heads of government of Germany, Italy and France were scheduled to meet in Berlin to discuss the vote, trying to define a common message about that negotiations should start quickly to avoid prolonging uncertainty.
Meanwhile, in the first data on business confidence face of uncertainty, a major business group announced on Monday that 20% of its members plan to move out of Britain part of its operations in light of the country’s decision to leave the European Union.
the Institute of Directors said that a survey its 1,000 members showed that three out of four believe that the British exit from the EU, or Brexit, it will be bad for business.
the pound has fallen to its lowest level in 30 years and Monday returned losing 2.3% against the dollar at $ 1.3360. European stock markets were also negative.
Osborne promised not to impose a new austerity budget, although during the campaign said it would take one if voters chose to leave the EU. Drafting the new budget will be the task of the government of the successor to the outgoing Prime Minister, Conservative David Cameron.
The head of finance added that during the weekend had worked closely with the governor of the Bank of England, Mark Carney, as well as other finance ministers and international organizations.
“We are prepared for anything that might happen,” he said.
in another sign to reassure the markets, Osborne he stressed that Britain can only invoke Article 50 of the Treaty of Lisbon, which activates the formal process by which the country would leave the bloc. Britain “should only do that when there is a clear vision of what we seek new agreement with our European neighbors,” he said.
Cameron is expected to chair Monday an emergency meeting with his cabinet. The United States Secretary of State, John Kerry, will visit Brussels and London to discuss the referendum results.
The British policy has been embroiled in uncertainty while its leaders try to determine exactly how Britain would separate of the other 27 members.
Cameron, who led the campaign in favor of staying in the EU, announced that he will resign the post in autumn.
Meanwhile, the opposition leader Jeremy Corbyn, faces a revolt in the Labour Party after a dozen members of his team to resign on Monday, joining the other 11 who resigned during the weekend.
Corbyn said he would not resign and he appointed legislators who are loyal to fill the vacancies. Insists that it be submitted to any internal vote by party leader and claims to have the support of the Labor Party bases.
Many Labor lawmakers accuse Corbyn directing a loose campaign in support of the continuation of the EU . They also fear that the left can not win a general election that could be held before the scheduled date of 2020.
Cameron, has announced he will resign before October and that the next prime minister could call an election for consolidate his position before the negotiations on the British exit from the EU.
the vote has also caused a political schism in the whole of Britain. Prime Minister of Scotland, Nicola Sturgeon, said it would “consider” recommend to the Scottish Parliament to use its power to prevent Britain leave the EU. Around 62% of Scots voted to stay in the EU.
The Scottish parliament could slow the British exit to deny its “legislative consent,” he said.
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