Sterling sinks again in Brexit aftershock

Latest falls come after three property funds suspended

Euro hit 86p against sterling this morning Pic: Pixabay

Sterling sank to a fresh 31-year low against the US dollar this morning as the fall-out from Britain’s vote to leave the European Union continued to reverberate through financial markets.

The British currency dropped through $1.28, more than four US cents below levels reached the day after the June 23 referendum. Sterling also weakened against the euro, with the single currency hitting 86.27p in early trading in Europe before dropping back to 85.3p ...