fears grow
Read more
In its Out and Down: mapping the impact of Brexit report, the EIU warned the damage from a decision to leave the EU would be felt until at least 2020.
Some parts of the economy would feel the negative effects of Brexit more than others, according to the report:
Financial services London’s status as a global financial hub would be at risk and the sector would shrink. Firms would move operations out of the UK to ensure access to the single market, benefiting other European centres such as Frankfurt and Paris.