No-deal Brexit could sink pound to parity against US dollar, Morgan Stanley warns

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No-deal Brexit could sink the pound to parity against the dollar, Morgan Stanley has warned, after it hit a two-year low below $1.24 earlier today

Global stocks were weaker today after recent record gains in the US while growing concerns about a no-deal Brexit kept the pound under pressure. London\u0027s benchmark FTSE 100 index closed 0.55pc lower to 7,535.46 while the FTSE 250 ended 0.21pc behind at 19,614.20. Paris shed 0.76pc and Frankfurt dropped 0.72pc.

 

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Could double as well.

Good for exports though.

Our pound has been sunk low for the last 3 years. If brexit had already happened it is possible our pound could be a strong currency which also attracts investments. While our country is squabbling like children the world has no confidence in our country.

I'm sure that caption there says 'Top 10 Worlds Biggest Economies for 2019 AND 2020....hmmm 🤔

It always bounces back. UK is solid. EU states are teetering. But we never hear about that.

ffs

And ................

Nonsense

Yep it’s that word could again & we also know it won’t.

Fraser Nelson & Co will be creaming themselves! They’ll be telling us we can sell Jags & Burberry skirts abroad for a few quid! Inflation will be up at 30%, a loaf of bread will cost a tenner, and you’ll need half your wage to fill the car but that’s character building folks!

Oh well

😴

Fake news

Wonder where the stops are...

The same people that said this country would be poverty stricken and the stock markets would crash and burn if the result of the referendum went against what they wanted which was to stay in the EU. LYING BASTARDS

Hoooray!!!

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