George Osborne to break Brexit silence and try to reassure UK on economy

William Turvill
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Conservative Party Conference Held In Birmingham - Day 2
George Osborne strongly campaigned for a Remain vote ahead of the EU referendum (Source: Getty)

George Osborne is to break his post-EU referendum silence on Monday morning.

The chancellor will seek to provide reassurance about financial and economic stability following the UK’s vote for a Brexit.

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Along with Prime Minister David Cameron, who announced his resignation on Friday, Osborne campaigned strongly against a Leave vote.

Since the result, Osborne has issued a handful of tweets, including one saying: “It was a hard fought campaign. It is not the outcome I wanted but I respect decision of British people and will do all I can to make it work.”

On Monday morning, he is expected to set out what he and the rest of the government will be doing to protect the national interest after the Brexit vote.

Read more: JD Wetherspoon targets Osborne in new round of Brexit beer mats

Osborne made a series of economic warnings in the run-up to last week’s EU referendum.

In April, the Treasury released a 200-page report which contained the claim that British households would be £4,300 a year worse off outside of the EU by 2030.

Osborne wrote in the Times: “The conclusion is clear: for Britain’s economy and for families, leaving the EU would be the most extraordinary self-inflicted wound.”

Further research released in May suggested Brexit would lead to a “DIY recession”.

Osborne said at the time: “The British people must ask themselves this question: can we knowingly vote for a recession? Does Britain really want this DIY recession? Because that’s what the evidence shows we’ll get if we vote to leave the EU.”

Brexit Britain: What you need to know

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