Pound sinks on PM's Brexit remarks

Foreign exchange

The pound slumped 1.19% against the Euro to €1.132 on Friday afternoon after Prime Minister Theresa May made a statement calling the European Union’s rejection of her Chequers proposal “unacceptable”.

The currency move was reported to be the most significant since last November.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now