Britain in gloom - This is Money podcast

It’s started.

You can’t decide to leave the world’s biggest trading block and not expect some serious financial consequences.

Especially when the boys responsible for it ran away.

The economics of Brexit are suddenly looking dark.

We could be living under the cloud for many years.

Already, just two weeks on from the referendum, we are beginning to see the prospect of falling investment, falling house prices and job insecurity.

Householders, especially those in debt, need to prepare.

Investors in commercial property funds are also suffering.

It was always, says one commentator, a ‘disaster waiting to happen’. You invest in a shopping centre but when you want to take your money out you realise the secondhand market for shopping centres has collapsed.

Simon Lambert, Rachel Rickard Straus and Georgie Frost discuss the week’s events over a soundtrack of music and news clips from 1985, which is where, statistically, we’re back to.

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