Brexit breakdown risks UK capital markets chaos

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Cookies Settings
Equity

Brexit breakdown risks UK capital markets chaos

Lewis McLellan, 
Mike Turner, Sam Kerr
December 10, 2020 04:30 PM
Brexit_calamity_scruffy_boris_PA_575x375_Dec10
(201210) -- BRUSSELS, Dec. 10, 2020 (Xinhua) -- Britain's chief Brexit negotiator David Frost, British Prime Minister Boris Johnson, European Commission President Ursula von der Leyen and EU chief Brexit negotiator Michel Barnier (L-R) pose for a group photo after their meeting in Brussels, Belgium, Dec. 9, 2020. The European Union (EU) and Britain will come to a decision on a post-Brexit trade deal by the end of the coming weekend, European Commission President Ursula von der Leyen tweeted Wednesday evening after meeting with British Prime Minister Boris Johnson in Brussels. (European Union/Handout via Xinhua) | unreguser/Xinhua News Agency/PA Images

Capital markets professionals are resigned to a no-deal Brexit, after UK prime minister Boris Johnson and EU Commission president Ursula von der Leyen failed to find a way through an impasse in trade negotiations over dinner on Wednesday. Equities are set to suffer the most, and the ability of UK companies hurt by Covid-19 to raise capital is now in serious doubt. Sam Kerr, Lewis McLellan and Mike Turner report.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

SSAUK SovereignEquityUKEuropeSupras and agenciesEMEACorporate Bonds
LM
Lewis McLellan
MT
Mike Turner
Corporate Debt Editor
Contact
SK
Sam Kerr
Gift this article