Peter Garnry, head of equity strategy at Saxo Bank, discusses opportunities within carmakers and financials, two industries that he says are the weakest in the UK following the Brexit vote.

He considers the landscape of economic uncertainty over the next few years with European banks experiencing stress and the UK facing a possible mild recession.

Garnry says the global economy will indicate how carmakers will perform. If the economy bounces back, he says there could be big opportunities in the European car industry.