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15-04-2019 15:36 1641

 

Withdrawals from the UK stock market since the referendum on the country's exit from the European Union (Brexit) amounted to more than $ 25 billion.

It is reported by the Financial Times, citing data from EPFR Global, a division of the American company Informa.

At the same time, experts note an obvious contradiction between the current state of the British stock market and its prospects.

Despite the negative news related to Brexit, the FTSE 100 key index rose by 13 in the first quarter.

Bloomberg reports that 6 large British companies had to spend 348 million pounds to prepare for Brexit.

Thus, the Royal Bank of Scotland estimates its costs of taking additional measures in the event of a hard Brexit of about 100-150 million pounds.

The company, for example, has already applied for new EU banking licenses and transferred billions of pounds of its assets to Amsterdam.

At the same time, Bloomberg notes that the postponement of Brexit will entail additional costs for British companies.

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