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Switzerland PREDICTS yet MORE countries will QUIT the EU after Brexit

A survey of 2,500 Swiss companies by UBS bank found 65 per cent of of chief executives believed there would be further withdrawals from the embattled union, after Britain became the first nation in EU history to rescind its membership.

Switzerland is not a member of the EU, but is tied to the bloc through a series of bilateral agreements, including the free movement of people, which allows the Alpine nation access to the European single market. 

The survey found that half of the companies thought Brexit and similar withdrawals would be bad for business, if it meant the end of freedom of movement. 

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