Monday, 27 June 2016

More companies issue Brexit warnings

The BBC are reporting that Easyjet and estate agents Foxtons are both warning about the negative impacts that Brexit will have on the outlook for the second half of the year and beyond (HERE).

Foxtons said, ""Since then recent sales volumes have been slow as uncertainty and higher stamp duty has led many buyers and sellers to sit on their hands. The result of the referendum has increased uncertainty and is likely to mean that these trends continue for at least the remainder of the year."

The company said an expected upturn in the London property market in the second half of the year was "unlikely to materialise".

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