PwC reports £500m new investment from banks

Around 20 banks and finance companies are planning to invest up to half a billion pounds in the UK following the EU referendum.

PricewaterhouseCoopers - one of the Remain campaign's corporate backers - says that £200m of investment has already been confirmed by a mixture of UK, European and non-EU companies with another £300m in their business plans.

Before the referendum PwC were spinning economic meltdown for the government.