About: Sterling

Brexit 09-01-2017

May denies UK heading for ‘hard Brexit’, as sterling falls

Theresa May denied Monday (9 January) that the UK was heading for a ‘hard Brexit’, in the wake of the resignation of the UK ambassador to the EU, and her own core focus on controlling immigration.
Development Policy 08-07-2016

Post-Brexit sterling decline will cost poor countries $4bn, claims study

The post-Brexit slump in the pound will cost developing countries nearly $4bn (£3.1bn, €3.6bn) in the coming year, with reduced trade and aid, risk-averse financial markets, lower growth and sharply reduced remittances all playing a role, a report shows.

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