Latest News
London open: Stocks reel after UK's shock Brexit vote
Shares reeled at the start of trading, as markets reacted to the 'shock' decision by Britons to withdraw from the European Union, with traders anxious to be better able to gauge what the extent of the fall-out for financial markets and the economy might be.
Europe's nationalist parties call for further referendums
Europe’s nationalist parties expressed their delight and called for referendums in their own countries after British voters have chosen to leave the European Union. Government leaders prepared to show their dismay.
Europe open: Stocks and sterling tank, gilts and gold surge on Brexit
European stocks tumbled in early trade, the pound slid against the dollar and oil tanked, while gilts and gold surged as the UK voted to leave the European Union.
Swiss central bank intervenes to cut franc
The Swiss National Bank (SNB) acted quickly in the currency markets after the UK voted for a Brexit from the European Union, sending the pound plummeting and l money flow to the traditional 'safe haven' currency.
Brexit will cause protracted political and economic uncertainty, says Morgan Stanley
The UK’s decision to leave the European Union will lead to profound and protracted political and economic uncertainty, Morgan Stanley said on Friday.
European stocks to drop up to 15%; recession by year-end, says Exane
European equities could fall 10% to 15% in the next few days, said Exane BNP Paribas, while a UK recession by the end of this year looks likely.
Brexit: Bank of England 'monitoring developments closely'
The Bank of England issued a statement early on Friday, as the pound plummeted and world markets were sent into shock as a result of the UK’s decision to leave the European Union.
Friday newspaper round-up: Brexit, Brexit, Brexit
As Europe wakes up to the news that Britain has voted to leave the EU, reactions from the UK’s leading business groups have started to pour in. The Institute of Directors admits that the referendum result may not have been the one most of its members wanted but now that the UK has decided, it is “imperative” that political leaders manage the transition out of Europe “as smoothly as possible”. – Financial Times.
Banks and housebuilders expected to fall, CMA reports on energy probe
London open The FTSE 100 was being called almost 560 points lower, according to pre-market trading in the City.
Brexit: Market futures turn sharply lower
Stock index futures were sharply lower in both the UK and the US, as voters in the United Kingdom chose to leave the European Union.
London pre-open: Stocks to tumble as UK votes for Brexit
London stocks were expected to tumble at the open as voters in Britain opted to leave the European Union.
Brexit: Results confirm UK votes to leave EU, pound at 30-year low
Britain has voted to leave the European Union, results confirmed on Friday morning, sending sterling crashing and leading economists to slash their growth forecasts for the economy.
Asian markets crash as Brexit eyed, yen strengthens as Kurdo 'carefully monitors'
Asian stock markets were in turmoil on Friday morning, a vision of the future for the European open, as the UK appeared to be on the verge of a Brexit from the EU, causing consternation for the Bank of Japan.
Sterling smashed as Leave lead grows and BBC calls Brexit
Sterling was down almost 10% against the dollar and 6% lower versus the euro on Friday morning as, with more than half of referendum results counted, Britain looked to have voted to leave the European Union.
Opinium poll shows lead for 'Leave', Newcastle result blows a hole in the pound
A fresh poll from Opinium has ‘Leave’ ahead at 45. 0% with support for ‘Remain’ clocking in at 44. 0%.
Construction, bank stocks lead gains on low trading volumes
Construction, real estate and bank stocks led the Footsie higher as markets continued to price-in the possibility of the UK finally choosing to 'Remain' in the European Union, albeit on thin trading volumes, although most analysts were far more cautious about putting their necks on the line.
Gibraltar overwhelmingly votes to Remain
The first results in the United Kingdom’s referendum to leave the European Union have come in from the British Overseas Territory of Gibraltar, at the southern tip of the Iberian Peninsula.