Pound plunges below $1.20 as snap election speculation swirls - business live

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Rolling coverage of the latest economic and financial news, as sterling slides to its lowest point since January 2017

Newsflash: The pound just fell to $1.1960 against the US dollar, down a whole cent today.

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If the economic health of a country is measured by the value of its currency, what does this say about the Tory party's time in government? Is it time for Boris to start the '£ in your pocket' line?

Curious that both Johnson & Trump appear to be manipulating markets with their double talk.

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