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Halting LSE trading: The Chancellor or the circuit breakers

You can now add the UK Chancellor pulling rank and ordering a halt to trading on the London Stock Exchange to the list of scare stories surrounding the EU referendum.

The history books do not readily throw up examples of high-level political interference in UK stock markets
The history books do not readily throw up examples of high-level political interference in UK stock markets Photo: Getty Images

You can now add the UK Chancellor pulling rank and ordering a halt to trading on the London Stock Exchange to the list of scare stories surrounding the EU referendum.

A headline in the Daily Telegraph on June 20 - George Osborne refuses to rule out suspending trading on the London stock market if Britons vote for Brexit - is likely to have raised a few eyebrows on City trading desks, and perhaps some panic too.

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