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Evening Standard
Evening Standard
Business
Michael Hunter

The pound: how low can it go?

The plight of the pound is the talk of international financial markets (Dominic Lipinski/PA)

(Picture: PA Wire)

The pound found some support around its lowest levels since the 1970s on Monday, but the response of international investors to the UK’s redrawn finances remains brutal.

There is a clear question hanging over the current valuation of the pound remain in dealing rooms from London to New York and Singapore and it is one with a series of important implications for the whole of the UK: How low can the pound go?

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