Banks prepare for "economic nuclear winter": Senior banking analyst warns of EU APOCALYPSE

29 Aug

Britain’s leave vote is widely seen as the biggest uncertainty on the global financial agenda.


Analysts, however, have urge companies not to give in to panic and hysteria – but told them to keep on working and make steps to “de-risking and simplifying their businesses.”

Laith Khalaf, senior analyst at Hargreaves Lansdown told CNBC: “I think the main problem for the second half of the year is the uncertainty caused by Brexit, though that’s likely to persist for two years or more, so I suspect companies are likely to roll up their sleeves and get on with their business.” 

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