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Published on 24 Jun 2017
On
the anniversary of Brexit - the vote that triggered Britain's shock
decision to leave the European Union, we'll take a look at where things
stand. At the time, the pound sterling went into a tailspin, falling 10
percent versus the dollar, and the FTSE 100 plunged eight percent at one
point.
One year since, the FTSE 100 is now up around 18 percent since the vote, a strong performance by any measure. But the pound sterling is down 16 percent versus the US dollar, which is beginning to weigh on consumer spending as inflation starts to bite.
Is there now a greater realisation within the UK that the economy and jobs need to be safeguarded?
More from Counting the Cost on:
One year since, the FTSE 100 is now up around 18 percent since the vote, a strong performance by any measure. But the pound sterling is down 16 percent versus the US dollar, which is beginning to weigh on consumer spending as inflation starts to bite.
Is there now a greater realisation within the UK that the economy and jobs need to be safeguarded?
More from Counting the Cost on:
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