CBI compares Brexit to Lehmans collapse

THE CBI President has likened Brexit to the collapse of Lehman Brothers and warned the UK "could wake up with the mother of a hangover on June 24".

Paul Drechsler was visiting businesses in the West Midlands yesterday ahead of the organisation's regional dinner and made it clear the result of next week's referendum could have a significant negative impact on the economy.

"The biggest concern I have is the scale of impact of Brexit in the short to medium-term," he said. "I think that's going to give us unexpect... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...