The UK has been stripped of its last AAA rating as credit agency Standard & Poor's warned of the economic, fiscal and constitutional risks the country now faces as a result of the EU referendum result.
The UK government has suffered paper losses of almost �8bn on its stakes in Royal Bank of Scotland and Lloyds Banking Group since the result of the EU referendum, equivalent to about �235 for each of the 33.6m people who voted.
(Updates prices, analyst comments). By Jamie McGeever. LONDON, June 27 British financial markets were engulfed in further turmoil on Monday, with 10-year government borrowing costs sinking below 1 percent for the first time and sterling hitting a 31 ...
The FT looks at the possible implications for British consumers following last week's Leave vote on matters such as mobile phones, travel, petrol and energy costs.
Global markets will face more sharp swings in the week ahead as investors assess the impact of British voters' decision to quit the EU.