'Hard Brexit' fears send pound to 31-year low against dollar



Sterling plunged to a new 31-year low against the dollar on Tuesday as fears over a so-called "hard Brexit" intensified.
The pound fell 0.5% against the greenback in morning trading to 1.276 US dollars, its lowest level since 1985. Sterling was also down 0.2% against the euro at 1.14.
Investors have been spooked by a series of announcements at the Conservative Party conference, where Theresa May said the two-year process of negotiating Brexit under Article 50 of the EU treaties will start by the end of March, putting the UK on course for a "hard Brexit".
This would see... read more

 
4 October 2016 in Yorkshire & Humber, Views: 17
Source: Batley News
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
      1 2 3 4 5 6
    7 8 9 10 11 12 13
    14 15 16 17 18 19 20
    21 22 23 24 25 26 27
    28 29 30 31