Stocks around the world fell on October 27th as investors began to worry about the effects of a no-deal Brexit.
The UK stock market has fallen by 1.4% in morning trading, with all sectors seeing losses except for pharmaceuticals. The FTSE 100 index is currently down by 0.4%, while the FTSE 250 index is down by 1.5%. The Dow Jones Industrial Average is also down by 0.2%, with a similar drop in the S&P 500 and Nasdaq Composite indices.
The fall comes after Chancellor of the Exchequer Rishi Sunak announced his plans for Budget 2022 on October 27th, which included tax cuts and increased spending to try and boost economic growth in the country following Brexit.
