Analysis: Without Functioning Government, Britain Could Be In Limbo For Long Time

"That pause you hear is the sound of people waiting before they make irreversible investment plans," Toby Nangle, a portfolio manager at Columbia Threadneedle Investments, said at a financial conference last week.

LONDON — Nearly two weeks after a majority of Britons voted to split from the European Union, some consequences of "Brexit" are becoming clear. Clear as mud. All that has come into focus since the June 23 referendum are the issues that must be resolved, now that the people ostensibly have spoken. These boil down to…

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