From a long-term investment perspective, the consequences of the UK exiting the European Union are being overplayed. Dan Brocklebank, director for UK business at value investment house Orbis, says his team's research suggests there will be little real impact of a Brexit on the stock they own. Banks, he reckons, have far bigger issues to worry about that London losing its status as Europe's financial centre while a likely drop in the value of Sterling would only provide a temporary boost to UK exporters. On the other hand, as a private citizen he sees a lot of upside should his country leave the EU, ranging from regaining control of its legal system through to the ability to extricate itself from the mess of Europe's unsustainable economic structure. Brocklebank tells Biznews.com's Alec Hogg why he will be voting for Brexit - but wont be tempted to grab the "value" bet offered by the 3/1 odds on that happening.
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