"My preoccupation has been from the very beginning that I believe that the "Brexit" referendum result is the most disastrous peacetime result that we've seen in Britain."

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Put on top of that the fact that the whole world is looking at Britain and saying how is this country going to pay its way in the future. They are looking at other countries like Greece who can't pay their way in the future and you see savage spending cuts, big cuts in pay.

— George Osborne