UK's EU Referendum Looms Large For Markets

Brexit Looms Large For Markets by Sara Potter, FactSet

As the UK’s EU membership vote draws closer, the debate between the opposing campaigns, Vote Leave and Britain Stronger in Europe, has become more heated. The latest discussions have focused on the economy, immigration, and sovereignty.

Brexit’s Economic Impact

The Vote Leave campaign argues that the EU costs the UK £350 million ($500 million) per week, or almost £20 billion ($28 billion) per year—money the group says could go towards the National Health Service or building new schools. Britain Stronger in Europe says that the numbers fail to include a rebate of £100 million ($141 million) a week and EU spending in the UK, after which the net cost is much lower,...