27th June 2016
EU Vote: Short term turbulence but long term for UK market is still upwards
In one of the most historic days in decades, the UK has decided to leave the European Union after months and months of campaigning.
Some of the campaigning has been criticised for being negative and scaremongering but people of the United Kingdom have ultimately decided.
It is unlikely that there will be an immediate shift in the UK’s status within the EU while discussions and negotiations to plan the future and next steps take place.
The conservative government will probably act quickly and decisively to calm the market and encourage continued investment, maintain economic growth and ensure stable confidence.
As in 2008 there may be some short term turbulence but the longer term trajectory for the UK market is still onwards and upwards driven by the UK’s resilient and global supply and demand.