Pound suffers further slide after Boris Johnson takes Brexit hard line – business live

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Rolling coverage of business, economics and markets as the pound hits new 28-month low against the US dollar

Here’s a graph regular readers will have seen yesterday, but it certainly bears repeating: sterling against the US dollar since the start of 2016, ahead of the June 2016 referendum.

 

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We knew this would happen in 2016 but Boris was too busy on his bus then 🤦‍♀️

No, no, wait a minute. This is not how it's supposed to be.... Wasn't it Corbyn's job to create a run on the pound?

Don’t let Corbyn in the pound will crash 🤔🤔🤔🤔🙄

This Johnson administration is set to be an economic disaster It will make the UK poorer and the country will live a crisis that will brutally affect the middle class The falling £ means inflation and Brexit will raise tariffs for export and imports from/to Europe Difficult times

Vote labour

Let’s all forget that it was Labour who screwed up the gbp:Euro exchange rate in 2008..

‘Pound held artificially low by the EU, desperate to avoid a no deal Brexit’

'Hard things slide better' what Boris doesn't know !

Typical Guardian the GBP and the Dollar And the Yen its all Boris,s fault is it that they have all weakened

Brexit No-deal brinkmanship

Gee, what a surprise. You can't bullshit the economy.

Good

And this is the beginning of his feudalistic state. This is what his plan is, if it works he will claim he's amazing and if it doesn't work he will claim that's what he wanted and that he's amazing.

Thank you for making my holidays more expensive Boris. What a hero.

Let the pound fall. It’s worthless anyway when you bear the yoke of slavery. What price freedom

Great news for exporters and investment into the uk

Johnson experiencing the harsh realities of office.

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