Wandsworth, London -- (SBWIRE) -- 08/26/2016 -- Following the Brexit vote, financial markets in the UK took a huge hit, seeing David Cameron stepping down and the UK seeing in his place the first female leader since Margaret Thatcher. Uncertainty rocked the region and one industry that was impacted greatly was that of arts and antiques.
The antiques market in the UK is the largest in the world; however, this could soon change. Data has shown that since the softening of the pound, many antiques have decreased in price, with all items purchased from UK dealers immediately becoming a whopping ten percent cheaper to the US market. However, it is wholly possible for the antiques industry within the UK to make resurgence according to industry leaders such as Toma Clark Haines, XEO of The Antiques Diva and Co.
A spokesperson from leading antique fireplace supplier Stonewoods was keen to comment saying, "It is shame to see what is happening, but we believe that within almost every industry immediate changes were seen following the EU referendum, due to the uncertainty surrounded by Brexit. Going forward we think and hope that the antiques industry will pick back up – and we are always here to offer the most gorgeous and high quality antique fireplaces to all."
Stonewoods is a leading supplier of stoves, fireplaces and flue systems of a wide variety including a gorgeous collection of antique fireplaces. Based in London, they are not only able to assist people in finding the very best fireplaces in the capital, but also the entire UK, ensuring that everyone's able to purchase their dream fireplaces and in turn transform their homes.
Company name: Stonewoods Ltd
Tel: 0208 870 5555
Contact person: Chris Tolfree
Address: Former All Saints Church