LONDON — Treasury chief George Osborne sought Monday to ease investor concerns about Britain's vote to leave the European Union, saying the U.K. economy is as strong as it could be to face the challenge. In his first public appearance since Thursday's referendum, Osborne stressed that Britain's economy is in a far better position than it was at the start of the 2008 financial crisis. Cameron, who led the campaign to remain in the EU, has announced he will step down by October. They believe Corbyn's lackluster campaign in support of remaining in the EU fatally undermined his ability to lead. U.S. Secretary of State John Kerry is visiting Brussels and London to address the fallout from the vote.

Source: New York Times June 27, 2016 06:33 UTC