Pound under pressure amid Brexit jitters and Philip Hammond quit claims



The pound was under pressure from fresh Brexit uncertainty following reports that Chancellor Philip Hammond could step down after locking horns with MPs over tight immigration controls.
Sterling was down against the US dollar and the euro after the Daily Telegraph reported that Mr Hammond has been attempting to put the brakes on the Government's "hard Brexit" plans.
The FTSE 100 was also languishing in the red, down 42.44 points to 6,971.24, following a lacklustre set of results from Pearson.
Shares in the education publisher were down more than 9%, or 81.5p to 751p, after... read more

 
17 October 2016 in Regional East, Views: 16
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