Building Societies Association Response to Referendum Result
BSA Chairman, Dick Jenkins commented:
“The UK population has made its decision and it is important that the focus returns quickly to business as usual. The process of leaving the EU will be a relatively slow one, taking around two years. Today and for the foreseeable future nothing changes in the building society sector: Mortgages are available and retail savings are safe, exactly as they were before the Referendum.
“The greatest concern for the UK economy and something that affects financial market sentiment and ultimately interest rates is uncertainty. The primary job for the Government and politicians generally is to unite to ensure that they do everything possible to counter this and set the tone and framework for the UK Economy to thrive.”
