What would happen after Brexit?

No country has ever left the European Union, so if Britain does leave, it will be a major global event. Matthew Lynn looks at what could happen if we decide to take the plunge.

16-4-20-Leave-634

Vote Leave could trigger a major global event

Sterling will tumble. Markets will go into free fall. Foreign investment will dry up. Our banks will quickly depart for Frankfurt and Paris. There have been no shortage of dire warnings of the potential impact of Britain leaving the European Union, not least from the Treasury on Monday morning with its assessment of the likely impact.

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Matthew Lynn

Matthew Lynn is a columnist for Bloomberg, and writes weekly commentary syndicated in papers such as the Daily Telegraph, Die Welt, the Sydney Morning Herald, the South China Morning Post and the Miami Herald. He is also an associate editor of Spectator Business, and a regular contributor to The Spectator. Before that, he worked for the business section of the Sunday Times for ten years. 

He has written books on finance and financial topics, including Bust: Greece, The Euro and The Sovereign Debt Crisis and The Long Depression: The Slump of 2008 to 2031. Matthew is also the author of the Death Force series of military thrillers and the founder of Lume Books, an independent publisher.