Pound under pressure amid Brexit jitters and Philip Hammond quit claims

Pound under pressure amid Brexit jitters and Philip Hammond quit claims
 

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 underlying sales fell 7% in the first nine months of the year amid "challenging market conditions".
However, the firm said it was still on track to hit its profits target for 2016.... read more

 
17 October 2016 in Regional West, Views: 29
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