The vote to "leave" is just the latest of a series of blows to financial markets, including an economic collapse in Greece and a threatened U.S. debt default to the more recent slowdown in the Chinese economy. Global growth has been anemic, with the world's largest economy, the U.S., still struggling from a lack of confidence and tepid business investment and consumer spending. Looking forward, businesses, particularly banks and other financial services companies, will face a massive regulatory and legal headache as a result of this decision, which will likely result in business pulling back on investing in the U.K.
Similar Stories to What Investors Will Be Looking At With Uk Voting To Leave Eu on Bing News
By KEN SWEET and BERNARD CONDON, AP Business Writers, San Antonio Express-News: World
Sun, 06/26/2016 - 9:40am
BING NEWS:
- UK's ruling Conservatives brace for more losses in local elections
Britain's ruling Conservatives braced Saturday for further losses in local elections, their worst results in recent memory and a key test before a general election to be held by January.Prime Minister ...
05/3/2024 - 11:15 pm | View Link - UK’s Labour Party wins big in election
Labour won control of councils in England that the party hasn't held for decades and was successful in a special election for a seat in Parliament. If those results are repeated in the general ...
05/3/2024 - 10:10 pm | View Link - The UK’s Conservatives suffer historic losses in local elections as Labour edges closer to power
Labour won control of councils in England that the party hasn’t held for decades, and was successful in a special election for a seat in Parliament.
05/3/2024 - 7:42 pm | View Link - UK's governing Conservatives suffer big losses in local elections
LONDON -- Britain's governing Conservative Party suffered heavy losses in local election results Friday, further cementing expectations that the Labour Party will return to power after 14 years in a U ...
05/3/2024 - 9:22 am | View Link - Week Ahead for FX, Bonds: Australia, U.K. Central-Bank Decisions Take Center Stage
Central bank decisions in Australia and the U.K. will likely take center stage, though investors will continue to watch any signals from the U.S. regarding the possible timing of an interest-rate cut.
05/3/2024 - 8:56 am | View Link - More
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