UK Treasury Chief Tries to Calm Fears Over 'Brexit' Fallout

June 27, 2016 8:48 AM

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LONDON — Britain's Treasury chief sought Monday to ease concerns about the vote to leave the European Union, saying the economy is as strong as it could be to face the uncertainty — even as a survey showed many companies are looking to move business out of the country.

In his first public appearance since Thursday's referendum, George Osborne stressed that Britain's economy is in a far better position than it was at the start of the 2008 financial crisis.

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