UK to Become Poorer Because of Brexit Vote

© REUTERS / Kevin CoombsA screen shows the referendum result and market information at Thomson Reuters offices in London, Britain June 24, 2016 after Britain voted to leave the European Union.
A screen shows the referendum result and market information at Thomson Reuters offices in London, Britain June 24, 2016 after Britain voted to leave the European Union. - Sputnik International
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Recent UK referendum on EU-membership will make the country poorer, UK Chancellor of the Exchequer George Osborne said Tuesday.

MOSCOW (Sputnik) — The United Kingdom will become poorer as a result of a recent referendum on the country's membership in the European Union, UK Chancellor of the Exchequer George Osborne said Tuesday.

The sun rises behind The Elizabeth Tower, also known as 'Big Ben' on the day British Chancellor of the Exchequer George Osborne delivers his budget in London on March 16, 2016 - Sputnik International
Ex-London Mayor Offers Chancellor or Foreign Minister Post to Osborne

"It is very clear that the country is going to be poorer as a result of what is happening to the economy," Osborne said in an interview with BBC Radio 4.

He added that the crucial task for UK authorities is to provide fiscal security.

On Thursday, the United Kingdom held a referendum to determine whether the country should leave the European Union. According to the final results, 51.9 percent of UK voters, or 17.4 million people, decided to support Brexit, while about 16.1 million opposed it.

The UK economy has already been noticeably affected by the results of the referendum, with UK shares and its national currency, the pound sterling, continuing their fall.

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