Article 1JJJH Big investment houses warn of inequality risk after Brexit

Big investment houses warn of inequality risk after Brexit

by
Katie Allen
from on (#1JJJH)

Bank of America and Pimco tell clients that gulf between rich and poor could spark further anti-establishment backlash

Britain's historic vote to leave the EU has prompted some of the world's most powerful investment houses to turn their focus to inequality.

Bank of America and the international investment firm Pimco have warned their clients that the gulf between rich and poor could spark a further anti-establishment backlash.

Related: Austerity is the cause of our economic woes. It's nothing to do with the EU | Mariana Mazzucato

Related: Brussels rejects Boris Johnson 'pipe dream' over single market access

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