The Editor 

Currency clues

Currency clues

For those predicting that a no-deal Brexit will bring economic meltdown, sterling’s plunge in the first full week of Boris Johnson’s premiership offers up all the confirmatory evidence they need. Not since the immediate aftermath of the referendum has the pound been so depressed relative to other major currencies, as markets digest the potential impact of Boris’s game of chicken with his EU counterparts and demand for UK assets – and therefore the currency needed to buy them – falls.

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