The ramifications of the referendum continue as the Pound dropped against the Yen and temporarily hit its lowest level in 31 years against the Dollar. There are talks that the London Stock Exchange may now need to share its HQ between the City of London and somewhere in the EU and Aviva and M&G suspended trading on their property funds as investors pulled their money out at speed. The Governor of the Bank of England intervened by cutting its capital requirements for banks from 0.5% to 0% in an effort to stop a dramatic slowdown of the UK economy.

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