Brexit Spurs Record U.K. Midcap Swings Versus FTSE 100: Chart

Will Markets Settle Down If May Becomes U.K. PM?

While the FTSE 100 Index has recovered from its post-Brexit selloff thanks to a weaker pound, growing concerns over the vote’s repercussions on the domestic economy have pushed volatility for the FTSE 250 Index to an all-time high relative to the measure of large caps. The gauge of U.K. midcap companies is still 6.7 percent below its level on the day of the referendum.