Credit Suisse Group cuts UK equities #HardBrexit

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Credit Suisse Group cuts UK equities
Credit Suisse Group building

Swiss multinational financial services holding and wealth management company cut their credit view on UK equities to “less good perform” savings earn motion has a likely to be peaked and that see Sterling’s firm power as Hard Brexit likely.

“A Hard Brexit will make the Sterling a hard hand and a potential for the weakness of GBP could weigh on British equities going ahead as it will remain the important drivers of the economy.” said by wealth management firm in a note.