It looks as though Mrs. May’s BREXIT strategy isn’t helping confidence on the markets
From the markets: Markets rattled by pound’s tumble https://t.co/yV1xyrZWpz pic.twitter.com/26BAOfN86o — Financial Times (@FT) October 7, 2016 The pound’s downward spiral continues At one stage during the night the pound tumbled for a few minutes to below $1.20 on the foreign exchanges. It has recovered a bit since then but the trend from the FR chart is very clear. Before the referendum the pound was touching $1.50. Until the weekend it had kept above the $1.30 mark – a line…