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CEOs reassess UK investment after 'Lose-Lose' Brexit vote

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London - From London to Paris to Tokyo, business leaders reacted with dismay to the UK’s vote to leave the European Union, with some of them warning the decision would slow economic activity and prompt them to reduce investments in the country.

As the pound and stocks plunged on Friday in response to the vote, companies in industries like travel, advertising and automobiles, which are heavily exposed to swings in currencies, said they would reassess their strategies.

International Consolidated Airlines Group, the parent company of British Airways, was among the first to quantify the vote’s impact, warning that the decision will reduce profit growth this year.

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