Pound hits new 31-year low as Brexit details are announced
Chances are you won’t remember June 1985, but that’s how far you’d have to go back to find the pound as low as it is against the US dollar.
Warwick Davis confirms he is back for Star Wars Episode 8 The currency has shed 0.5% in early trading in London dropping to $1.2778 – that’s a whopping 15% lower than in those heady days before the EU referendum.
The pound is also at a three year low against the euro – but at least the summer holidays have already happened.
The reason? Well, you wouldn’t have to be an expert to guess that Brexit has something to do with it.
Kathleen Brooks, at... read more
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