• Wednesday, November 30, 2022


Sajid Javid warns of Brexit sterling fall

CONCERN: Sajid Javid

By: Eastern Eye Staff

Business secretary Sajid Javid warned on Monday (13) that financial markets could react sharply if Britain votes to leave the European Union (EU) next Thursday (23), as traders pushed sterling to its lowest level in eight weeks. With polls showing public support is evenly split, the outcome of the referendum has increasingly dominated the performance of Britain’s currency and stock market, with investors already looking to protect themselves against price swings. Javid, who backs Britain remaining in the EU, cited market volatility as a warning against voting to leave, highlighting the sharp reaction to an opinion poll last week that…

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