Industry warns of job losses if investment tap is turned off: British industry has

been left reeling by the European Union referendum result as fears increased

that carmakers based in the UK and big aerospace companies such as Rolls-

Royce and Airbus would transfer work abroad.

Banks prepare to move thousands of City jobs: More than 50,000 jobs could

leave the City as financial companies move their businesses to European Union

countries, analysts warned.

Energy Bosses slam watchdog Chief’s move to run ministry: The Department

of Energy and Climate Change has come under fire for hiring the Boss of the

competition watchdog as its permanent secretary.

Sisk group building up profits and jobs: Building group John Sisk & Son made

€13.7 million profit last year as the construction sector rebounded and work

started on several big projects.

Enterprise Ireland cuts ‘threaten job creation targets’: Mary Mitchell O’Connor,

the new jobs, enterprise and innovation Minister, has been told by officials in

her department that cost-cutting at Enterprise Ireland (EI) could jeopardise the

organisation’s ability to hit job targets.

Plea for calm as shares plunge and fears of job losses grow: Scottish business

leaders appealed for calm after the Brexit vote, but there were warnings that

the decision was likely to cause huge damage to the economy.

Goldman Sachs Boss to appear before MPs over BHS: The Chief of Goldman

Sachs in London will appear before a committee of MPs on Wednesday, when

he may be forced to give evidence against Sir Philip Green, one of his closest

business clients.

City banks face block from services market: London-based banks could be

blocked from selling services to the European Union’s 500 million consumers if

Britain fails to secure access to the single market in exit talks, the governor of

the French central bank has warned.

Infrastructure spending stuck in the slow lane: Britain has been warned that it

is spending less on infrastructure than the nation needs to secure future

economic growth, even before leaving the European Union.

Inflation may increase to 4% by end of next year, HSBC forecasts: Inflation

may increase to 4% within 18 months after the pound’s collapse, HSBC has

forecast, putting the Bank of England under pressure to raise interest rates.

Carney promises whatever it takes to avert financial crisis: Mark Carney put

the Bank of England on the line as he pledged to do whatever it took to

protect Britain from a financial crisis.

Current

Value (%)

Change* 1W% Change

FTSE 100 6053.3 -1.4%

DAX 30 9454.4 -1.1%

CAC 40 4063.0 -1.1%

DJIA** 17400.8 -

S&P 500** 2037.4 -

NASDAQ Comp.** 4708.0 -

Nikkei 225 15309.2 2.4%

Hang Seng 40 20227.3 -0.2%

Shanghai Comp 2895.7 1.5%

Kospi 1926.9 0.1%

BSE Sensex 26414.3 0.1%

S&P/ASX 200 5137.2 0.5%

Current Values as at 11:15 BST, *%Chg from Friday Close, **As on Friday Close

-1.0%

-0.9%

-1.4%

-1.1%

0.4%

-4.2%

-1.9%

-1.6%

-1.6%

-2.1%

-0.8%

2.0%

Pound touches a 30-year low as Brexit triggers investor sell-off: Shock, fear and a smattering of opportunism reverberated around

global markets as sterling plummeted to its lowest level in three decades and foreign investors suffered their worst single day in

London since the October 1987 crash.

Lloyds’ share sale put back on shelf: The government’s plans to sell shares in Lloyds Banking Group to the public this autumn have

been shelved amid fears that banks would be hit hard by a Brexit-related rise in unemployment and a fall in house prices.

BA fails to fly under the radar with warning: The Owner of British Airways warned that its profits would be hit directly by the

referendum decision to withdraw from the European Union.

Factory orders dent recovery hopes: America’s manufacturers were dealt an unexpected blow when data showed that orders at US

factories for long-lasting goods fell in May.

Mortgage market marches on after stamp duty stumble: The number of mortgages approved by high street banks rebounded in

May after a slump in April, suggesting that the housing market remains robust despite the introduction of extra stamp duty

surcharge on second homes.

Sturgeon puts bid for independence back on the table: Nicola Sturgeon stepped up her fight to take Scotland out of the United

Kingdom when she said that another independence referendum would be the “highly likely” consequence of the UK backing Brexit.

Second EU referendum petition nears the 2 million mark: The parliamentary website temporarily crashed after a petition calling for a

second EU referendum gained more than 1.7 million signatures since the vote to leave.

Rates head for zero to avoid Brexit meltdown: The Bank of England is set to slash interest rates and even restart its money-printing

programme to stimulate a slowing economy after the vote for Brexit.

Majority of Scots willing to leave UK: Britain’s vote for Brexit has fuelled a rise in support for Scottish independence, with a majority

of Scots now prepared to leave the UK, a new poll suggests.

Green was backer of BHS loan: Sir Philip Green stepped in to guarantee an £11 million overdraft for BHS in the run-up to last

Christmas, according to the chain’s former acting Finance Director.

Online lenders rush to fill funding gap: Britain’s biggest peer-to-peer lenders are this weekend plotting how to profit from an

expected pull-back in bank lending in the wake of the referendum.

Brexit vote leaves LSE merger on the brink: The £20 billion merger between the London and Frankfurt exchanges is on a knife-edge

amid mounting opposition from German lawmakers.

£15 billion of floats in peril after poll: The City is braced for a fee famine over the summer with stock market floats worth £15 billion

set to be axed because of the Brexit vote.

Bookies call result wrong — but still win out: Bookmakers may have failed to predict a Brexit vote but they still managed to turn a

tidy profit. Punters placed an estimated £75 million on the outcome of the referendum, making it by far the biggest-ever market for

political betting.

Coral acts to protect staff from attack: One of Britain’s biggest bookmakers has taken steps to reduce the risk of violence to its staff

following a string of incidents in betting shops.

Ocado told to deliver after Amazon’s push into grocery: Ocado is likely to face questions over Amazon’s entry into the fresh food

market and its failure to strike an international deal when it reports half year results this week.

Shoppers go nuts for Innocent’s new drinks: Innocent Drinks enjoyed a sales surge as customers lapped up its new products,

including coconut water. Fresh Trading, which was bought by the fizzy drinks giant Coca-Cola in 2013, reported revenues of £247.4

million for last year, up 13% on the previous 12 months. However, it slumped from a £6.3 million operating profit to a £700,000

loss.

Ireland vows to resist further EU integration: Ireland has warned its European colleagues that it will resist further integration of the

27 remaining members of the EU, following Britain’s exit from the union.

Vote puts UK off buying in Auld Sod: Fewer British buyers are expected in the Irish property market, thanks to the decline in the

value of sterling after the Brexit vote.

Passport service reports surge in queries over gaining citizenship: British citizens worried about travel rights following the EU

referendum result caused a surge in inquiries about Irish citizenship on Friday. The post-referendum rush for information followed a

25% increase in Irish passport applications in the first five months of the year from people born in England, Scotland and Wales with

Irish parents and grandparents.

IDA Ireland pitches to cash in on Brexit: The Chief Executive of IDA Ireland has written this weekend to Executives at more than

1,200 multinationals in a campaign to reassure them Ireland is open for business in the wake of Britain’s vote to leave the European

Union.

Primark cut down to size: Investment bank Morgan Stanley has slashed £7 billion (€8.6 billion) off its valuation of Primark, Owner of

the Penneys chain, citing concerns the retailer’s sales might fall this year, writes Samantha McCaughren.

IBRC sold mortgages to Mars at 58% off: Mars capital, an unregulated mortgage company, was able to buy almost 1,500 home

loans from IBRC for just 42% of the amount owed, even though the homeowners involved remain liable for the full amount of the

original debt.

Providence swapping debt for stock: Cenkos Securities, a London stockbroker, is taking a 6.1% stake in the Irish oil and gas explorer

Providence Resources in lieu of payment of a $6.5 million (€5.85 million) bill for professional fees.

Chill to score with Qataris: Seamus and Padraig Lynch, the Owners of broker Chill Insurance, are seeking regulatory approval to

introduce a new Qatari-backed motor insurer to Ireland.

Clanwilliam makes Epic move in health tech: Clanwilliam Group, a Dublin healthcare technology group, has acquired a majority

stake in Epic Solutions in a deal believed to be worth about €4 million.

Octagon in legal drama: Octagon films, one of the best-known names in the Irish film and TV sector, had turnover of just €1.8

million between 2002 and 2014, although its Directors were involved in productions that cost up to €1 billion.

Communicorp criticises BAI fee: Communicorp, the radio group owned by billionaire Denis O’Brien, is seeking the abolition of a €4.9

million annual broadcasting levy paid by radio and TV stations to fund the Broadcasting Authority of Ireland (BAI), writes Samantha

McCaughren.

Ford considers UK job cuts after Brexit vote as carmakers eye future: Ford said on Friday that it may cut jobs in Britain in the wake of

the country’s vote to leave the EU, becoming the first auto group to raise questions over the future of its investments in the country.

To Read More Click Here

Britain faces up to waning influence on global stage: Britain faced the stark reality of crumbling influence on the world stage on

Sunday as turmoil triggered by the vote to exit the EU plunged the UK into domestic political instability.

To Read More Click Here

Brexit wagers set new record for non-sports bets: Wagering on the outcome of the Brexit referendum broke the record for non-

sporting events, as punters put down £120 million, and the unexpected outcome left some bookies celebrating six-figure profits

while others nursed heavy losses.

To Read More Click Here

Tech companies eye helping UK build new data economy out from EU: The UK’s exit from the EU will create the need for a new

national IT infrastructure as the country turns its back on the dream of a more integrated European data economy, according to

American technology companies that already have their eyes on the work.

To Read More Click Here

Anglo American closing in on Australian coal mines sale: Anglo American is hopeful of concluding the sale of its Australian coal

mines within weeks with BHP Billiton among the leading bidders, said people who have been close to the sales process.

To Read More Click Here

Israel’s Harel in talks with Noble for stake in Tamar gasfield: Israel’s Harel Insurance and Financial Services said on Sunday that it was

in talks to buy up to 4% of the Tamar offshore natural gasfield from Houston-based Noble Energy, currently its biggest shareholder.

To Read More Click Here

China Vanke boardroom feud boils over: A long-simmering feud at one of China’s biggest property companies has boiled over, with

the largest shareholder in China Vanke demanding the resignation of developer’s charismatic Founder and the rest of his board.

To Read More Click Here

UK disclosure rules tying CEO pay and performance not working: New UK disclosure rules introduced to curb Chief Executive pay

and improve the link between pay and performance are not working, according to new research.

To Read More Click Here

Intel weighs sale of cyber security business: Intel is looking at options for Intel Security, including potentially selling the antivirus

software maker formerly known as McAfee which it bought for $7.7 billion almost six years ago.

To Read More Click Here

Global markets take $2 trillion Brexit hit: Global stock markets lost more than $2tn of value on Friday in the largest single day drop

since at least 2007, as investors dumped risky assets and rushed into havens after the UK voted to leave the EU.

To Read More Click Here

Brexiters divided over trade and immigration: The conflicting policies of key figures in the Leave campaign have started to emerge

just 24 hours after the UK voted to walk away from the EU.

To Read More Click Here

Banks begin moving some operations out of Britain: Banks have already begun to take action to shift operations out of the UK, with

the Governor of France’s central bank warning on Saturday that Britain’s financial services groups were at risk of losing the ir right to

operate across the EU.

To Read More Click Here

Angela Merkel pushes back on EU pressure for quick divorce: Angela Merkel, the German Chancellor, has attempted to rein in

pressure from within Europe to force Britain quickly to trigger divorce proceedings with the EU, saying that while “it shouldn’t take

forever”, rushing into an exit was unwarranted.

To Read More Click Here

Media groups brace for further revenue falls after Brexit vote: Fears over a Brexit-driven downturn in the UK economy have left

media and advertising companies bracing themselves for a further fall in revenues.

To Read More Click Here

Brexit will not cause financial crisis, says BoE’s Mark Carney: Governor says UK’s central bank is well prepared and has firepower.

To Read More Click Here

ETFs see jolt of volume as global markets gyrate: Exchange traded funds seeking to track baskets of stocks and bonds saw elevated

trading volumes on Friday after the UK voted to leave the European Union, underscoring the rising prominence of the products.

To Read More Click Here

Fed on alert for US economic recoil: The UK’s vote to leave the European Union has significantly damped expectations for monetary

tightening by the Federal Reserve as policymakers warn of possible repercussions for the US economy from market turmoil.

To Read More Click Here

ETE wins court backing to walk away from Williams deal: Energy Transfer Equity, the US pipelines group, on Friday won a court

ruling allowing it to walk away from its agreed takeover of Williams, another pipeline company.

To Read More Click Here

Insurance sector hit hard by Brexit vote: Shares across the insurance sector fell heavily in the wake of Britain voting to leave the EU,

with many in the industry concerned about the impact of the referendum result on Lloyd’s, London’s insurance market.

To Read More Click Here

Dealmakers warn of chaos in completing UK tie-ups: Dealmakers in London warned of chaos for those trying to complete UK

acquisitions but possible bargains for overseas buyers, as they assessed the implications of the country’s vote to leave the EU.

To Read More Click Here

Travel groups brace for holiday booking decline: London-listed travel companies face a decline in holiday bookings following the

UK’s decision to leave the EU, putting pressure on an already stressed sector.

To Read More Click Here

Watchdog to end Government deals in which energy companies are paid well above market prices in return for building power

stations: A watchdog is to end Government deals in which energy companies are paid well above market prices in return for

building power stations.

Brexit vote will plunge UK into a new recession, warn City economists as they slash growth figures for next two years: Britain’s

economy will be plunged into recession as a result of the decision to leave the EU, according to City economists who slashed their

predictions for economic growth this weekend in the wake of last week’s shock Brexit vote.

Don’t pull up the drawbridge and adopt protectionist trade policies, warns Next’s Chief Lord Wolfson: Next Chief Executive Lord

Wolfson, one of the FTSE 100’s leading Eurosceptics, has warned of dire consequences if Britain ‘pulls up the drawbridge’ and

adopts protectionist trade policies following the vote to leave the EU.

Petrol may go up 5p a litre as pound slides against dollar after Brexit: Petrol prices are set to rise by up to 3p a litre this week and

could climb to 5p a litre if sterling continues to fall against the dollar.

Mergers and acquisitions delay fears as dealmakers face ‘challenging’ two years: Fears are mounting that Friday’s shock referendum

result will hit Britain’s already struggling dealmaking industries.

Rules on state aid for the steel industry could be scrapped after Brexit vote: Rules on state aid for the steel industry could be

scrapped as a result of the UK quitting the EU, the industry’s trade body has said.

Car plant regions defy Bosses’ vote warnings: Firms' bases vote to leave despite call to stay in EU: Fears that the boom in British car

manufacturing would be derailed by Brexit failed to sway voters in the UK’s main production centres.

Poundland slumps nearly 6% after takeover bid from South African furniture retailer Steinhoff is rejected: Poundland came under

pressure as the FTSE 250 endured its biggest one-day fall since the day after Black Monday in 1987.

Morgan Stanley denies moving 2,000 London jobs to Dublin and Frankfurt: Morgan Stanley has denied that it is moving 2,000 jobs

to Dublin and Frankfurt following the vote for the UK to leave the EU.

EU referendum result: Big banks fail to repeat threat to move jobs out of UK in event of Brexit: HSBC and Goldman Sachs – two

major global banks that had publicly threatened to move some operations out of the UK in the event of a Brexit vote – have this

morning declined to reiterate such plans.

Moody's downgrades UK's credit outlook from 'stable' to 'negative': Credit ratings agency Moody's has downgraded the UK

Government's bond rating from stable to negative in light of Britain's decision to leave the European Union.

FTSE 100 sees £120 billion wiped off its value in worst day of losses since financial crisis: The FTSE 100 plunged more than 8% in its

biggest opening slump since the financial crisis, wiping £120 billion off the value of the 100 biggest UK companies, after the UK

voted to leave the EU.

'Black Friday' for financial markets sparked by EU referendum vote: Financial markets have been engulfed in what some described as

a “Black Friday” as traders around the world responded with fear, at times shading into outright panic, over the economic

consequences of Britain’s exit from the European Union.

Mark Carney says Bank of England ready to inject £250 billion into economy to keep UK afloat after EU referendum: Mark Carney

said the Bank of England is ready to inject billions of pounds into to Britain’s financial system after Britain voted to leave the

European Union.

Gold soars to highest level since 2014 as investors seek safe haven assets after Brexit vote: Gold rose to its highest level in two years

on Friday morning as it became clear that the UK had voted to leave the EU. The price of gold jumped as much as 8.1% to

$1.358.54 an ounce, its highest since March 2014, as investors sought to put their money in so-called safe have asset.

Unilever, the Owner of Magnum and Lynx, vows to end gender stereotyping in its adverts: Unilever, the multinational company

behind Dove, Magnum and Lynx, has vowed to end outdated portrayals of gender in it adverts.

George Soros, the billionaire who 'broke' the Bank of England, wins big from Brexit: George Soros is widely known as the man who

“broke” the Bank of England in 1992, when he bet against the pound and made a reported £1.5 billion.

Firms plan to quit UK as City braces for more post-Brexit losses: British businesses have warned that Brexit will trigger investment

cuts, hiring freezes and redundancies as the consequences of leaving the European Union threaten to destabilise markets further this

week.

Market turmoil fears likely to force Mark Carney to abandon ECB meeting: Bank of England governor Mark Carney is expected to

abandon plans to fly to Portugal for a summit of central bankers, amid fears of further turmoil when markets open on Monday.

Tata Steel near deal to save Port Talbot plant despite Brexit vote: Tata Steel is close to a deal to save its Port Talbot plant despite

Britain’s vote to leave the EU, as sterling’s slump potentially boosts the industry’s survival prospects.

Debt-fuelled growth could trigger financial crash, governments told: The Bank for International Settlements has warned that

governments need to abandon debt-fuelled growth and shift to more sustainable expansion plans as a “risky trinity” of low

productivity, high debt and lack of central bank firepower stalks the global economy.

Jack Wills may seek further investment as backer looks to pull out: Jack Wills, the British fashion brand, could bring in new investors

after it was reported that its private equity backer is keen to sell its minority shareholding.

Homebuyers wobble in wake of Brexit vote: Homebuyers spooked by the UK’s decision to leave the EU are pulling out of deals or

attempting to renegotiate prices, according to property professionals, as the housing market suffers Brexit vote aftershocks.

City of London could be cut off from Europe, says ECB official: The European Central Bank has fanned fears that London could lose

its status as Europe’s financial capital after warning that the Brexit vote might sever the City’s trade relationship with the EU.

Leave campaign rows back on key immigration and NHS pledges: The leave campaign has appeared to row back on key pledges

made during the EU referendum campaign less than 24 hours after the UK voted for Brexit, after it emerged immigration levels

could remain unchanged.

London’s standing in global finance at risk as City faces loss of ‘EU passport’: The shock waves from the Brexit vote continued to

spread across the City of London on Saturday as the financial heart of the capital – a major contributor to Britain’s economy – was

put on notice that it is unlikely to retain a key privilege of EU member states.

EU out vote puts UK commitment to Paris climate agreement in doubt: The UK government won high praise six months ago for

taking a leading role in the successful Paris climate change agreement, the first legally binding commitment on curbing carbon

emissions by all 195 United Nations countries. With the vote to leave the EU, the UK’s future participation in that landmark accord is

now in doubt.

Monday,

27 June 2016

US: Markit Services PMI, Markit Composite PMI,

Dallas Fed Manufacturing Production Index,

Dallas Fed Manufacturing Business Index

EU: M3 Money Supply (YoY), ECB's Klaas Knot at

conference in Sintra

Final Results: Amedeo Air Four Plus Limited, Omega

Diagnostics Group

Interim Results: One Media IP Group, Porvair

Tuesday,

28 June 2016

UK: BOE Holds Third Additional ITLR Operation

Around EU Referendum, CBI Distributive Trades

Survey - Realised

US: Gross Domestic Product Annualised (QoQ),

Gross Domestic Purchases Price Index, Personal

Consumption (QoQ), Personal Consumption

Expenditure Core (QoQ), Redbook Index (YoY),

Redbook Index s.a. (MoM), S&P/Case-Shiller 20

City s.a. (MoM), S&P/Case-Shiller Composite-20

(YoY), S&P/Case-Shiller Home Price Index,

Consumer Confidence, Richmond Fed

Manufacturing Index

Final Results: BCA Marketplace, Carpetright, Cohort,

IS Solutions, Northgate, Picton Property Income Ltd,

ULS Technology, Urals Energy Public Co Ltd. (DI)

Interim Results: Benchmark Holdings, Blue Prism

Group, Ocado Group

Wednesday,

29 June 2016

UK: Nationwide House Prices n.s.a. (YoY),

Nationwide House Prices s.a. (MoM), Gross

Consumer Credit, M4 Ex IOFCs 3M Annualised,

M4 Money Supply (MoM), M4 Money Supply

(YoY), Net Consumer Credit, Net Lending Sec. on

Dwellings, Mortgage Approvals

US: MBA Mortgage Applications, Personal

Income (MoM), Personal Spending, Personal

Consumption Expenditure Core (MoM), Personal

Consumption Expenditure Core (YoY), Personal

Consumption Expenditure Deflator (MoM),

Personal Consumption Expenditure Deflator

(YoY), Pending Home Sales Index, Pending Home

Sales (MoM), Pending Home Sales (YoY), DOE

Distillate Inventory, DOE Gasoline Inventories,

DOE Cushing OK Crude Inventory (Barrels), EIA

Crude Oil Stocks Change (Barrels), US Pending

home sales

EU: Business Climate Indicator, Consumer

Confidence, Economic Sentiment Indicator,

Industrial Confidence, Services Sentiment

Indicator, ECB Balance Sheet

Final Results: Dixons Carphone, Greene King,

International Greetings, Stagecoach Group, Torotrak

Interim Results: AFH Financial Group, Harwood

Wealth Management

Trading Announcements: McCarthy & Stone

Thursday,

30 June 2016

UK: Lloyds Business Barometer, Gfk Consumer

Confidence, Gross Domestic Product (QoQ),

Gross Domestic Product (YoY), Index of Services

(3M/3M), Index of Services (MoM), Total Business

Investment (QoQ), Total Business Investment

(YoY), Current Account

US: Continuing Jobless Claims - Net Change,

Initial Jobless Claims - Net Change, Continuing

Jobless Claims, Initial Jobless Claims, Chicago

PMI, EIA Natural Gas Storage Change, EIA

Natural Gas Storage, Fed's Bullard Speaks in

London

EU: Consumer Price Index - Core (YoY),

Consumer Price Index (YoY), ECB account of the

monetary policy meeting

Final Results: iEnergiser, Mercia Technologies,

Outsourcery

Trading Announcements: Costain, Harvey Nash,

John Laing, John Wood, Serco Group, Tullow Oil

Friday,

01 July 2016

UK: Unit Labour Costs (YoY), Markit

Manufacturing PMI

US: Markit Manufacturing PMI, ISM New Orders,

Construction Spending (MoM), ISM

Manufacturing PMI, ISM Prices Paid, Baker

Hughes US Rig Count, Domestic Vehicle Sales,

Total Vehicle Sales

EU: Markit Manufacturing PMI, Unemployment

Rate

Trading Announcements: Trinity Mirror