The Chancellor George Osborne has said the UK economy is "about as strong as it could be", as he looked to calm market fears following Brexit.
Speaking as financial trading started on Monday, Mr Osborne said the Leave vote in last week's EU referendum was "not the outcome I wanted" but said he "will do everything" he can to "make it work for Britain".
He added that "there will be an adjustment in our economy because of the decision that the British people have taken" but made no indication that there would be an emergency budget.
No sign of the emergency budget that the Chancellor said would be immediately necessary in the event of a Leave vote.
"I respect that decision and we're going to get on and deliver on that decision. But the impact on the economy will have an article on our public finances," he said.
His comments came after the pound suffered fresh losses during early trading on Asian markets on Monday morning.
Addressing the question of the free movement of labour following withdrawal from the EU, the chancellor said Britain is an "open and tolerant country" and he "will fight to keep it so".
George Osborne has said the UK economy is "prepared for the unexpected". So did he overstate his Brexit warnings?
Chancellor George Osborne will seek to reassure financial markets on Monday morning following Britain's decision to leave the EU.
Soros says that the European Union will struggle through the process of Brexit, with other countries wishing to follow suit.