UK property funds with about £18bn (€21bn) of assets froze withdrawals as investors sought to dump real estate holdings in the aftermath of Britain’s vote to leave the EU.

Fund manager Henderson Group said today it was preparing for a tougher second half to the year as market volatility is expected to hit investment levels.

Online savings and investment bank RaboDirect.ie is today celebrating its second year in business by waiving entry fees on all investment funds for the month of May.

London’s landmark Covent Garden market and piazza has been sold for £421m (€624.9m), it was announced today.