Brexit uncertainty wreaks havoc on international financial markets, impacting economies worldwide.
The study looked at how Brexit uncertainty affects the UK and global financial markets. They used different methods to see how policy uncertainty in the UK, mainly due to Brexit, impacts market volatility and other financial indicators in various countries. The research found that Brexit uncertainty leads to instability in key financial markets and can harm the UK and other European economies in the long run. The countries most affected by Brexit uncertainty are the GIIPS economies.