The pound’s wild fluctuations are causing more distress for businesses already struggling under an unprecedented lockdown of the U.K. economy.
The pound continued to lose ground against the dollar and euro on Monday as uncertainty over the future of Theresa May’s fragile Government weighed on the currency.
The plunge in the value of the pound can help to restore the fortunes of Aberdeen’s commercial property market, an expert said yesterday.
Sterling plunged to a fresh 31-year low as the Bank of England said it would boost lending by up to £150 billion to help ease the economic pressure caused by the Brexit vote.
The pound has crashed to its lowest level in 30 years as Britain heads for the European Union exit door, with experts warning of worse to come.