Britain to leave the EU

Endaba Group

Europe has today woken up to the news that Britain has voted to leave the EU. 52% voted to leave and the pound plummeted to its lowest level against the dollar since 1985. The Euro also took a hit, falling 3.3% and around £122bn was wiped off the value of the FTSE 100 as the markets are digesting the results. Major banks, corporations and governments from across the globe warned against Brexit, as leaving would cause “severe regional and global damage”. Most of the fashion world openly sided with the remain campaign as the EU contributed an estimated £26 billion to the 2014 UK economy!