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.
Wilbur Ross is unlikely to pursue a takeover of Tata Steel's UK business in the wake of the EU referendum, Sky News learns. 15:02, UK, Saturday 25 June 2016.
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.
In early June, the Chancellor George Osborne stood shoulder to shoulder with Jamie Dimon, the boss of JP Morgan, to warn that a vote to leave the EU would cost the jobs of up to one in four British workers at the bank.
UPDATE: ASOS have responded after fans of the brand expressed concern on social media that the online store's website and app had been taken offline due to the plummeting value of the British pound after the UK voted to leave the European Union ...