The Un-united Kingdom is fucked now

[Fidel_Castronaut]

The 100 index isn't really indicative of most UK companies. You need to look at the 250 index, the majority of which are UK based, owned and operated, to see where the real damage lies:

http://www.telegraph.co.uk/business/2016...erty-stoc/ (ironically from the Telegraph)

https://www.google.co.uk/search?q=ftse+1...q=ftse+250

Catastrophe. I work for a 250 index company and we lost millions.

FTSE 250,

Feb 11th - 15,178.8
Today - 16,088.05

900 points higher....

>_>

You're looking at it in a vacuum, not to mention disregarding the fluctuation of the companies involved within the 250 index and the values lost in share capitals that a lot of companies rely on, you know, such as construction companies, the ones that lost the most?

You do know how share indexes work don't you? You do realise that when there are massive falls in the markets, people lose money in their investments and pensions that many never see yielded again, right? You realise that many pensions pots are invested within the 250 indexes and indeed the indexes of other countries within the EU, ones that lost more? And that several of those investments will be on the behalf of people who have invested within the UK, probably those like me who are not well off and rely in stable investment pots for their retirement?

It was a catastrophe. Nobody with any sense of how business works could see it as otherwise.And again, I reiterate, I work for a 250 indexed PLC and we lost out, as will our supply chain, as will our customer, as will our shareholders.