Fearful of landing in immediate negative equity, some buyers have decided to put their purchases on ice. Photograph: Yui Mok/PA. Hilary Osborne, Patrick Collinson and Miles Brignall.
Several bidders for Tata Steel's British operations are close to abandoning talks with their Indian owner as the outcome of the EU referendum threatens to deepen the crisis enveloping the UK's biggest steel producer.
Brexit has caused a deep chasm to open up through the heart of the country and the aftershocks will rumble on for months, even years.
Wall Street and the FTSE 100 both fell sharply in a wild day of trading after the UK voted for Brexit. The London blue-chip index fell 7% in early trading to just over 5,800 points but ended the day 3.15% lower at 6,138.
Energy companies will be able to market domestic supply deals directly to rivals' customers, the UK competition watchdog has confirmed, in an bid to encourage more consumers to switch provider and save money.