UK's Osborne says taxes will rise, spending will be cut after Brexit

UK's Osborne says taxes will rise, spending will be cut after Brexit

© Peter Nicholls / Reuters

"We are absolutely going to have to provide fiscal security to people, we are going to have to show the country and the world that the government can live within its means," he told BBC radio.

Asked if that meant tax rises and spending cuts, he said: "Yes, absolutely."

(Reporting by Michael Holden, editing by David Milliken)

TOP READS FROM THE FISCAL TIMES