CLEAN : Osborne makes first public comments since UK vote to leave EU

The transcript discusses the economic adjustments required after a significant vote, emphasizing the strength and resilience of Britain's economy. It highlights the preparedness of the financial system to handle shocks and the government's immediate response with financial contingency plans. The speaker reassures that the fundamentals of the British economy remain strong, despite the need for economic adjustments and potential impacts on public finances. The importance of waiting for a new Prime Minister to address these issues is noted, along with the achievements in repairing the financial system and maintaining high employment levels.

What is the speaker's main message regarding Britain's financial system post-vote?

• It will help mitigate economic shocks.

• It is unprepared for unexpected challenges.

• It will remain unchanged.

• It will contribute to economic shocks.

How does the speaker describe the British economy to businesses?

• Dependent on foreign aid

• Closed and isolated

• Strong and open for business

• Weak and uncompetitive

What immediate action did the government take following the vote?

• Reduced public spending

• Closed international borders

• Increased taxes

• Implemented financial contingency plans

What does the speaker suggest should happen before addressing public finance impacts?

• Seek international loans

• Increase interest rates

• Wait for a new Prime Minister

• Implement austerity measures

What position does the speaker claim Britain holds in the global economy?

• An isolated economy

• One of the strongest economies

• A moderately strong economy

• One of the weakest economies