Commenting on the referendum result, Jonathan Isaby, Chief Executive of the TaxPayers' Alliance, said:
"The British people have spoken and given our political leaders their instructions. There is clearly a lot of work ahead for the Government as it seeks to disentangle the decades of directives and reams of regulation that have emanated from Brussels. And further negotiations lie ahead to secure the best deal for the UK with our European neighbours, but all of this can and must be conducted in a calm and measured way.
"Nothing has actually changed overnight: the sun still rose in the east this morning, British businesses will still be trading today with their counterparts both inside and outside the EU and at the end of the day the sun will still set in the west. Outlandish threats were made a couple of weeks ago about how a Leave vote would necessitate an emergency tax-hiking budget: I said at the time that George Osborne was stretching the limits of his credibility by making such threats and I hope now that he will accept that his intervention was a campaign tactic rather than a statement of serious intent.
"In following through on the referendum result, ministers now have a big job ahead and they owe it to the electorate to do it in a responsible manner. And as we reach a new settlement with our continental partners and free the UK from burdensome Brussels red tape, it is imperative that unnecessary EU regulation and bureaucracy is not replaced by more of the same from Whitehall. In voting to return control over all our laws, regulations and money to Westminster, the British people have created an exciting opportunity and there is every reason to believe that in the long run it will be good for taxpayers."
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