Business Insight

Brexit threat blamed for dip in pound

From left, First Minister Carwyn Jones, Prime Minister Theresa May and Welsh secretary Alun Cairns, as they discuss Brexit during a bilateral meeting at Swansea University's Bay Campus, as the prime minister faces pressure to keep the union together in the wake of the divisive Brexit vote. News that Mrs May will trigger the beginning of formal Brexit talks by March 29 saw the pound dip into the red yesterday PICTURE: Ben Birchall/PA
THE pound dipped yesterday, helping the FTSE 100 eke out another record high after the government revealed plans to trigger Article 50 next week. Sterling fell more than 0.4 per cent against the US d[...]

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