EDINBURGH — Politicians either side of the political spectrum are stirring up sentiment against Prime Minister Theresa May, who has secured a Brexit deal with the EU. MPs, including many in the Tory Party, are widely expected to vote against May in the House of Commons on December 11. Business uncertainty about what the UK will look like in the near future is deterring decision-making and in some cases leading to deals being cancelled. The Wall Street Journal recounts how a group of global investors has pulled the plug on Intu Properties, which is listed on the JSE and in London, and has been a favourite among South African investors who want international exposure. The share price plunged this week after the takeover deal collapsed. – Jackie Cameron
Brookfield Pulls Multibillion-Dollar UK Deal as Brexit Uncertainty Bites
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