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Brexit world
Time: 2016-07-05    BY Lisa   From:    Clicks: 309
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Alex Edmans, Professor of Finance, London Business School, argues that while uncertainty reigns, there are rational reasons to be optimistic.

“Firms invest in the UK for many reasons. London is uniquely attractive due to the English language, low taxes, low regulation, skilled labour and expertise in accounting and law,” explains Professor Edmans.

The immediate downturn in the stock market was triggered largely by uncertainty about what lies next, believes Professor Edmans, rather than the conviction that a post-Brexit world will lead to disaster.

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