Photographer: Luke MacGregor/Bloomberg

Hedge Fund Manager Odey Says U.K. Stocks Could Plummet 80%

  • Odey says the country will face recession, higher inflation
  • Investor’s main hedge fund has slumped 43% this year

Crispin Odey, whose main hedge fund has lost about 43 percent this year, says U.K. stocks could slump 80 percent as the economy is roiled by a recession and higher inflation following the vote to leave the European Union.

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