Hargreaves triples dealing staff to handle post-Brexit vote rush

Increase in trading activity

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 ...