Pound slides to three-year low against euro despite strong manufacturing data as PM promises quick Brexit



The pound slid to a three-year low against the euro today after Prime Minister Theresa May sent an emphatic message to bitter Remainers that she will deliver a full-blooded Brexit by early 2019.
The pound dropped below €1.15 despite some strong data emerging on UK manufacturing and at €1.1441 is lower than it has been at any time since late July 2013.
May announced that Article 50 will officially be signed by the end of March 2017 and added that, under a Great Repeal Bill, Britain would scrap the 1972 law which made the UK European Union members.  
She said: 'We are going to be a fully... read more

 
3 October 2016 in Business, Views: 35
Source: Daily Mail
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