The UK has lost its top AAA credit rating from ratings agency S&P following the country's Brexit vote. S&P said the the referendum result could lead to "a deterioration of the UK's economic performance, including its large financial services sector".
Travel firm All Leisure Holidays ltd goes bankrupt cancelling 7,000 holidays and leaving 400 stranded abroad
05/01/2017
Chairman Roger Allard said the company went under following unrest in North Africa and the Middle East and Brexit which saw the pound hammered against the dollar and the euro.
Birds Eye fish fingers and Walkers crisps are asking supermarkets for price rises of up to 12%, in the latest standoff between household brands and retailers over the dramatic fall in the value of the pound.
Apple is pushing up the price of apps by 25 per cent to make up for the plunging value of the pound.
The value of sterling against the dollar has fallen by about 18 per cent since the UK voted to leave the EU in June.
Heineken and Carlsberg follow makers of Carling and Budweiser in hiking cost of their beers in face of weak pound
Premier Foods joins companies seeking to offset weakness of sterling, after Unilever’s row with Tesco over Marmite prices.
US brands Gibson and Fender increase list prices as double digit hikes hit music stores
Prices of Lego will rise in Britain in the new year, the Danish company has confirmed. Lego Group is increasing its prices in response to the pound’s decline in the aftermath of the EU referendum.
Sharp fall in pound since EU referendum feeds into big rise in food prices with butter up 15%, fish up 8% and tea up more than 6%
Supermarket moves to ditch promotions coupled with weakened pound following Brexit vote add average £21.31 to quarterly food bills.
Childrenswear and maternity retailer says it plans to increase price of clothing and toys by up to 5% this summer.
Currency exchanges from sterling to euros surge for three months in a row.
Falling value of pound contributes to UK drivers paying up to £98 more per month for cars.
Party members backed plans to scrap the pound after an independence vote.
First Minister announces 'biggest campaign on the economics of independence' in party's history.
Central bank reserve managers signal reluctance to hold sterling after UK leaves EU.
Britain risks slipping from being the world’s fifth-biggest economy to its seventh-largest next year, when it is due to leave the European Union, with France and India on course to overtake it, accountancy firm PwC said.
Private polls—and a timely ‘concession’ from the face of Leave—allowed the funds to make millions off the pound’s collapse.
Hedge funds hired pollsters and cashed in, according to Bloomberg's Cam Simpson, who's been investigating the collapse of the pound of the night of the Brexit referendum.
Crispin Odey Is Shorting the Pound Again
18/02/2019
Hedge fund manager Crispin Odey, an advocate of Brexit, renewed his hotly debated wager against the British pound as U.K. lawmakers’ failure to agree on the divorce terms heightened concerns the country may crash out of the European Union without a deal.
Political chaos in UK causing extreme market uncertainty. / Sterling fell on Wednesday and was on track for its longest ever losing streak against the euro though it recouped some of its earlier falls in reaction to a Sky News report that UK prime minister Theresa May was about to resign.
VisitBritain confirms slowdown of visitors from EU due to Brexit uncertainty. / A Brexit pledge that Britain would “out-compete other major tourism destinations” has fallen flat, with inbound travellers’ spending falling sharply in 2018.