Brexit is already affecting the economy – despite the short-term fluctuations of the stock market

Brexiters won the referendum over a week ago. Yet due to their lack of preparation and direction, it remains unclear whether and how Brexit will happen. Despite the FTSE index swings reported daily in the media, this uncertainty is already negatively affecting the economy, writes Costas Milas, and is evident by the fall in business investment – the main driver of UK jobs and growth.