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Top economists warn sterling could fall by a third if Britain leaves EU

Discussion in 'Market News' started by Lily, Jun 11, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    ‘Complacent markets are underplaying’ the risks to shares and living costs
    Sterling could fall by 30% and the stock market by 20% if the UK should leave the European Union, according to a stark assessment from an award-winning team of independent economic analysts.

    The warning comes amid growing anxiety on the financial markets about a possible Brexit, and as chancellor George Osborne prepares to address the annual gathering of City leaders at the lord mayor’s banquet on Thursday about the potential havoc.

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