Tuesday 4 October 2016

UK: Pound Drops to 31-year Low against Dollar on Brexit Fears


The British Pound is at its lowest level against the dollar for 31 years.

The drop is the result of growing fears of a so-called "Hard Brexit" and that Britain will be forced out of the European single market during negotiations to leave the EU.

Al Jazeera’s UK correspondent, Barnaby Phillips reports from central London.