Edward Bonham Carter: Expect a volatile path to a new normality

Markets do recover from calamitous shocks

clock • 4 min read

The UK may now be in uncharted waters, says Edward Bonham Carter, but history suggests looking through short-term events tends to be beneficial for long-term investors

So the British people have spoken and have sent a clear message they want the future of the United Kingdom to be outside of the EU. We are now in uncharted waters. In the EU's short history, no country has ever chosen to leave and our politicians - the vast majority of whom were overwhelmingly in the ‘Remain' camp - will need to work out how we actually extricate ourselves from the tangled web of agreements and legislation that has been woven around us over the past 40 years. In the immediate term, the drama at a political level will, far outweigh the economic impact of this unprecede...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Bank of England 'presses pause, not stop' as it holds rates at 3.75%

Bank of England 'presses pause, not stop' as it holds rates at 3.75%

Majority of 6-3

Patrick Brusnahan
clock 30 July 2026 • 2 min read
Burnham calls for National Care Service acceleration

Burnham calls for National Care Service acceleration

Social care commitments

Cameron Roberts
clock 29 July 2026 • 4 min read
News editor's view: Burnham's Britain arrives

News editor's view: Burnham's Britain arrives

The news editor's Friday Night Takeaway from 24 July

Isabel Baxter
clock 24 July 2026 • 3 min read