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Following the denial, anger, depression and acceptance, now comes the bargaining. After a summer recess in which fledgling ministers switched off, now the UK’s new government cabinet has rebooted itself to “brainstorm” the reality of Brexit.
After stocks fell substantially on Black Monday, traders have begun to splash out on the volatile mining sector, helping the FTSE 100 make a comeback.
European stock markets have posted heavy falls after China’s stock market suffered its biggest plunge since 2007. Experts have started to question whether this could be the beginning of the next financial crisis.
At the University of Edinburgh's Corporate Finance Conference, Andrew Haldane, chief economist at the Bank of England, suggested that the public company model is increasingly being questioned.