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The Story of Post-Brexit Britain

The Story of Post-Brexit Britain

Bloomberg
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Click on graphic
The surprise vote in favour of the UK leaving the European Union on June 23 unleashed shockwaves across the global economy, wiping trillions off the value of global assets. The referendum reshaped the British political landscape, and generated fears that the West, more generally, is marching away from globalisation, in favour of trade protectionism and stricter controls on immigration.

Its immediate impact on the UK economy has been more mixed. In the immediate aftermath of the vote, currencies, stocks, commodities, equity indexes, stock futures, and bonds across the world - from Johannesburg to Shanghai - sold off precipitously.

The violent price swings unleashed a wave of forced selling as traders around the world cut positions to reduce the risk profile of their portfolios, with echoes of the previous panic in the abyss of the financial crisis.

With this upcoming Saturday marking 100 days since the referendum, here we tell the story of post-Brexit-vote-Britain in 8 charts:

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First Published: Sep 28 2016 | 12:02 AM IST

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