24-11-2016 12:51 via news.yahoo.com

Countrywide warns Brexit will hit 2016 earnings

Countrywide , Britain's biggest lettings and estate agency firm, warned on Thursday earnings this year would be hit by a slowdown in the property market since the vote to leave the European Union, sending its shares to a record low. People were holding off buying second homes amid concerns of economic uncertainty over the next 12 to 18 months due to the lack of clarity about what terms Britain would negotiate in its divorce from the EU, Countrywide's finance chief told Reuters. "The lack of visi
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