Investec Switzerland. The promise of snow across the Alps this weekend won’t be enough to lift the gloom at some of Europe’s top ski resorts as the pound’s post-Brexit slide dents British bookings. © Gerd Kohlmus | Dreamstime.com Jon Fricker, a property developer in Beaconsfield, west of London, said some of his friends would probably back out of their annual piste reunion if the cost of a long weekend in the Portes du Soleil ski area straddling the border between France and...
Read More »Swiss franc shows enduring Brexit concern even as odds lengthen
Investec Switzerland. At least one Brexit warning light is still flashing red. While the pound has rallied in recent days and bookmakers have shortened their odds on a win for “Remain” in Thursday’s U.K.’s European Union referendum, the Swiss franc is still about 0.4 percent from the 2016 high it reached last week. © Sergey Kuzmin | Dreamstime.com The Swiss currency, traditionally sought by investors in times of market stress, climbed as the “Leave” campaign gained ground in...
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