Pound v US dollar: GBP tumbles as leaked paper supports 'Project Fear' Brexit

Pound v US dollar: GBP tumbles as leaked paper supports 'Project Fear' Brexit
 

The pound is currently at around $1.40 against the US dollar, down 0.3 per cent from its opening levels and having slumped over a cent from the start of the week.
Sterling is beating a hasty retreat this morning, following the leaking of a Brexit impact report that strengthened the hand of those on the side of Chancellor Philip Hammond.
The report looks at three possible scenarios, with a full free trade deal, single market access and no trade deal at all.
The papers suggest that up to 8 per cent of national income could be lost due to Brexit and that every region in the UK would be... read more

 
30 January 2018 in Business, Views: 46
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