Sterling took another Brexit battering on Friday as currency traders took a dim view of Theresa May’s impromptu speech playing up the prospects of Britain crashing out of the EU without a deal. Sterling took another Brexit battering on Friday as currency traders took a dim view of Theresa May’s impromptu speech playing up the prospects of Britain crashing out of the EU without a deal. Currency traders saw it as heightening the possibility of a disorderly no deal. Shares in the FTSE 100 company dropped as much as 9% in early trading before closing down 34p, or 4.8%, at 674p. The biggest risers on the FTSE 100 were Kingfisher up 13.6p at 256.3p, Glencore up 15.1p at 336.8p, Antofagasta up 37.8p at 895.8p and Tui up 54.5p at 1,424p.

Source: Irish Independent September 21, 2018 16:18 UTC