Saturday 2 July 2016

Brexit – the long and winding road

A week after the tumultuous event of Brexit, where Britain voted to leave the European Union (EU), everything appears to be back to normal.

The battered FTSE 100, which loss a staggering £60bil after the vote results were known, have clawed back that loss and more. The pound sterling, which was routed and fell to a level against the US dollar last seen since the mid-1980s, however, continues to be wobbly.

It would appear that the knee-jerk of the Brexit result was just that: fear manifested itself initially but in the end the realisation that the journey towards to extrication of Britain from the EU will be a long and uncertain journey.

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