Last month it was revealed that Brexit had led to a drop in domestic and foreign investor demand.

However, in a survey of 2,000 personal investors, the stockbroker The Share Centre found that 81% believed the new government would restore market confidence.

Richard Stone, chief executive at The Share Centre, said: “In our survey of investors’ views following the referendum, they have given a ringing endorsement to the new Conservative Prime Minister, Theresa May, and the government she has put together.”

In addition, 50% of respondents believed Theresa May, Boris Johnson and secretary of state for leaving the UK David Davis would secure a positive Brexit outcome for the UK.

When asked what action would be needed to stimulate the economy, 49% advocated corporate tax cuts, 38% wanted personal tax rates reduced and 22% recommended quantitative easing.

Although 17% believed further interest rate cuts would help to boost the economy, 48% of respondents expressed concern about the impact of such a move.

While 18% said that an interest rate cut would make them more likely to invest in risk assets such as equities or property, 36% stated that such a cut would make them more likely to move a cash ISA into assets.

Richard added: “Personal investors would clearly prefer a joined-up approach with the government deploying more fiscal stimuli ahead of the Bank of England using up its monetary arsenal.”