Credit Suisse CEO blames Brexit on low UK education spending

AIX-EN-PROVENCE, France (Reuters) - Britain is paying the price for a high level of inequality and a chronic lack of investment in education which have prompted a disillusioned population to vote to leave the European Union, Credit Suisse Chief Executive Tidjane Thiam said on Sunday. Britain voted in a referendum on June 23 to quit the EU, a decision that has roiled financial markets and rattled businesses. Thiam, the former head of British insurer Prudential, said he had lived almost 15 years in Britain and had been shocked to be told on a visit to a school in Tower Hamlets, a London borough near the city's financial district, that about half of children there only ate once a day.