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Airlines, holiday companies and house builders joined British banks in bearing the brunt of Brexit-induced market turmoil Monday, which analysts said reflected expectations Britain was headed for recession following its vote to leave the EU. The FTSE 250 index, which is more closely aligned to the British economy than the multinational heavy FTSE 100, was down 12.8 percent in the two days of trading since Thursday's vote.The FTSE 100 was down 5.2 percent, while sterling tumbled to a fresh 31-year low against the dollar and British 10-year government borrowing costs sank below 1 percent for the first time, as investors seek a respite from turbulent markets.Globally the vote wiped $2.08 trillion off equity markets Friday, the biggest daily loss ever.It said the EU was easily the biggest destination market from Britain, accounting for 49 percent of passengers.
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