Theresa May’s Cabinet May Have Accepted Her Brexit Deal But The Markets Haven’t

theresa may brexit deal

As Theresa May soldiers on trying to achieve the unwinnable task of pleasing the deeply divided nation she leads, she has finally produced a draft Brexit deal that Brussels have agreed to and her cabinet have backed. But many stock prices plunged on the news.

Dozens of UK equities suffered today with falls as high as 6%, as the markets recoiled in response to the news.

However, for savvy investors, this short term turbulence that the Brexit fiasco has provided plenty of over the last two years, provides us with buying opportunities.

House builder Persimmon suffered a 6% fall, taking its dividend back to 9.9% which will surely be an attractive investment for income investors in search of high dividend yields.

Centrica and SSE also pliunged on the news.

Barclays suffered too, offering a cheap deal on the stock, whose reports suggest good things are to come over the coming months.