Hargreaves triples dealing staff to handle post-Brexit vote rush

Increase in trading activity

Hargreaves triples dealing staff to handle post-Brexit vote rush

Hargreaves Lansdown has boosted staff numbers to help investors negotiate the aftermath of Thursday's European Union referendum, with many sitting on significant cash piles in the run-up to the vote.

Reuters reports Hargreaves Lansdown has tripled dealing staff numbers, hired more helpdesk personnel and extended opening hours in expectation of a significant increase in trading activity once the result of the referendum is known early on Friday morning.  It has also cancelled all non-essential maintenance work and extended its business hours for the three working days after the referendum, plus four-and-a-half hours from 9.30am on Saturday. Spokesperson Danny Cox told Reuters: "A lot of this is just wait and see, but we have put contingency plans in place; we have got extra people ...

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