Difficult economic times to emerge in UK after Brexit: Cameron

British Prime Minister David Cameron warns the nation of “difficult economic times” following the exit from the European Union.

Speaking at the parliament on Wednesday, the premier predicted a troubled economy, further opposing the suspension of fiscal rules.

“There’s no doubt in my mind these are going to be difficult economic times,” he said. “If we do see economic difficulties, one of the ways we have to react to that is to make sure that our public finances and economy remain strong … so I don’t think it would be right to suspend the fiscal rules.”

His stance on the fiscal rules runs counter to the one adopted by opposition leader Jeremy Corbyn, who has called for more investment.

A video grab from footage broadcast by the UK Parliament’s Parliamentary Recording Unit (PRU) shows British opposition Labour Leader Jeremy Corbyn address MPs in the House of Commons in London on June 29, 2016. 

The situation in Britain follows a referendum held last…

Read more