The moment that shook the world
Godwin Ekoriko
CIM ACIM, Communications Specialist at NIHR with expertise in Marketing
As of Thursday the 23rd of May 2016, nobody believed or imagine that a BREXIT vote would be successful. On Friday morning, we could feel the aftermath, an earthquake which sent shock waves around the world. The pound dropped against the dollar and the Euro, its lowest for over 30 years. The prime minister announced his resignation, the FTSE 100 lost over 120 billion with Barclays and LLoyds losing a minimum of 15% of their values. It became suddenly apparent to everyone involved that this is not an issue which could be ignored.
A day on, people are finding solutions to stabilise the market, the word inflation is being thrown around, The Scottish are looking for a way to break from the UK as they voted against leaving the EU. At the moment, there are more questions being raised than answers. The experts, the politicians, the polls, the banks, everyone has questions around WHAT NEXT?
In in interim, the EU has now realised just how big the UK market is and its impact on the world market so they cannot afford to punish the UK as it would send another shock wave around the world.
For now, it is apparent that everyone is consulting on the next steps so we have to watch and wait for whats coming. We need to brace ourselves for the tumultuous moment up ahead as no one is willing to push the trigger.