The decision and the pre- and post-exit periods can be expected to generate uncertainty and to have potentially significant consequences for businesses and financial markets in the U.K., Europe and even globally.
A majority of voters were not swayed by warnings from international bank bosses, the International Monetary Fund and politicians that high-paid financial jobs could leave Britain, as 52 percent voted to depart the EU and 48 percent backed remaining.
“Due the far-reaching impact of this vote, Brexit will inevitably affect the British and the European economies and the wider global financial markets. The decision may have been taken in the UK but it will impact the rest of the world too.
Nigel Green, founder and CEO of deVere Group, is speaking out ahead of Thursday’s historic referendum on Britain’s place within the European Union. In recent weeks the Brexit vote opinion polls have been driving markets.