Even those who voted out were left bemused by the political pantomime. Needless to say, the impact on the financial markets was one of huge uncertainty.
17.4 million British voters backed Brexit and the following morning the pound plummeted to its lowest level since 1985. The FTSE 100 index also fell by over 8% when trading began.
This is its biggest slump since 2008 although it was recovering slightly by mid-morning.
We now seem to be experiencing the calm after the storm under the leadership of the new Prime Minister Theresa May. Although she was against the decision to leave the EU, it is her intention to fully support the result.
But what does Brexit mean for our day-to-day finances and the financial future of the country?
It will take two and a half years from the result for us to experience any real change and the country remains divided in terms of the impact they think it will have.
Have your say on Brexit
It is time to have a say on Brexit. Concerns being expressed include the effect of Brexit on jobs, mortgages, pensions, savings, grocery shopping, and prices at the pumps.
So, how do you feel? Has Brexit sent you into a panic over your finances or are you spending as normal? Have your say in our online survey and let us know how you think ‘The Brex Factor’ will influence your financial decision making.
Keep an eye on our survey results and we’ll reveal how you believe Brexit will shape Britain’s future financial landscape.
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