Brexit drama is the big issue for UK stocks


Mixed view: The outcome of Britain’s divorce talks with the European Union, which will take place under a new prime minister, is front and centre of investors’ minds. — Bloomberg

London: Uncertainty over Brexit remains the big shadow hanging over the outlook for UK equities in the second half of the year with some fund managers seeing opportunities to buy cheap stocks, while others urge caution.

The outcome of Britain’s divorce talks with the European Union, which will take place under a new prime minister, is front and centre of investors’ minds, not to mention low interest rates and concerns about global trade relations.

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