You are here

Brexit: vulnerable pound may hurt UK bond's haven status

The "Remain" camp argues that benefits of being inside the world's biggest trading bloc are vast, such as no tariffs on exports to other EU nations and the free movement of labour.


THE UK government-bond market's reputation as a haven in times of global crisis is being put in jeopardy by its currency's vulnerability to the nation's vote on European Union membership.

From World War II through the euro crisis in 2012, gilts rallied on the back of Britain