Britain’s stock market for blue chip companies, the FTSE 100 has dropped 8.3pc, Friday morning, wiping away £137 billion from UK blue chip stocks within minutes of markets opening this morning after Britain voted out of the EU.
Persimmon follows closely dropping 40pc, with RBS, IAG, Barclays, Lloyds dropping 34, 33 and 29pc.
The FTSE 100 is not the only market that has suffered this morning, its more populous counterpart, the FTSE 250 index which contains more average companies with direct relations to the UK domestic market, has plunged 11.7pc too.
The <a href="https://www.pulse.com.gh/news/politics/asepa-files-criminal-complaint-against-hawa-koomson/lxzgdf2">Alliance for Social Equity and Public Accountability</a> (ASEPA) has described as false claims by the government that more than 96 percent of depositors who had their monies locked-up from the banking sector clean-up been paid in full.
A coalition of car and spare parts dealers, clearing agents and artisans have called off a planned demonstration against the ban on the importation of accident cars.
Finance Minister <a href="https://www.pulse.com.gh/news/local/mid-year-budget-review-times-are-hard-and-tough-financial-analyst/b9sh34s">Ken Ofori Atta</a> is expected to present the mid-year budget review and supplementary estimates for the financial year to parliament on Thursday, July 23, 2020.
Things are expected to get a lot worse for Britain before it gets better. Stocks are expected to fall very fast in the coming hours.
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