Director / Editor: Victor Teboul, Ph.D.

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A Brexit Silver Lining: Bargain-Hunting Tourists

When the pound plunged this month on new worries about Brexit, New Yorkers Derek Hotter and Ian Clark hopped on a plane for an impromptu holiday in Britain. Record numbers of dollar-, yuan- and euro-rich tourists eager to snatch up a bargain could be the silver lining of the sharp decline in sterling since Britain voted to leave the European Union on June 23. The vote took many investors and chief executives by surprise, triggering the deepest political and financial turmoil in Britain...

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