Many major regions within the eurozone including the likes of Germany, France, and Italy have struggled to deal with a declining rate of overall growth and the weakening performance of large financial institutions.

Russel Napier wrote: The key consequence of this collapse will be the destruction of the euro. The expected success of the far-right and far-left in the European parliamentary election in May this year augurs the beginning of the end for the currency union. Both extremes share a commitment to the return of sovereignty to their parliaments that is incompatible with a single currency.

Whether the UK [leaves] the European Union (EU) with a comprehensive Brexit deal or not, in an event in which the euro loses most of its momentum and the eurozone economy declines substantially in the next few years, the UK market could appeal to investors as a potentially safe haven.

The UK, where democracy and the rule of law will remain largely unchallenged, will become an attractive safe-haven investment for European investors facing increasingly authoritarian regimes and property sequestration on the mainland.