JPMorgan: 'Brexit could hurt everybody'

Dimon warned the UK's departure from the EU could be "tough for the British people" and has the potential to hurt wider markets as it "will have an impact on global growth, and so Brexit could hurt everybody a bit", according to the FT. Following the resignation of Brexit secretary David Davis and foreign secretary Boris Johnson on Monday (9 July) over Theresa May's negotiating plan, Dimon's comments reflect growing frustration in the business community over a lack of clarity from government on Brexit. Dimon said: "We still do not fully understand what Brexit is, its economic effects ...