Brexit premium rises for UK banks as Tories pick new PM

By Tyler Davies
17 Jul 2019

Investors have been discounting UK bank bonds in the secondary market in recent weeks, as it becomes increasingly unclear how a change of prime minister will affect the country’s approach to leaving the EU.

The deadline for the UK to exit the EU is just over three months away on October 31.

If in that time the UK government and the EU cannot agree on a withdrawal deal that is also supported by UK Parliament, the country faces crashing out of the ...

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