The pound just plunged to an 168 year low – thanks again Brexit
The value of the pound has plunged to a 168 year low. Yes, really.
During exchanges in the House of Commons today on how the UK should leave the European Union, the pound decided to make history.
Theresa May agrees to Brexit debate in Parliament before Article 50 So when Labour’s shadow Brexit secretary, Keir Starmer, stood up and opened the debate at around 1pm, sterling stood at 1.227 US dollars.
However within minutes it began to tumble, and just an hour and a half later – it hit 1.217 US dollars – a drop of 0.8%.
Which is the lowest it has been since 1848 – when revolution was spreading... read more
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