GBP £ looses more than 4% of its value since Boris Johnson became PM

  • More by Omar Bishara


GBP £ looses more than 4% of its value since Boris Johnson became PM less than a month ago


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As the Asian markets open today the GBP is trading at $1.210 the lowest in almost 3 years!

As the UK continues to struggle with the nation’s worst financial crisis and highest poverty levels in modern history the No Deal Brexit determined PM, Boris Johnson sees the GBP crash at an alarming rate.

The GBP is now the world’s most volatile and unstable major currency in the world.

This is likely to see significant price rises on all products and services from outside the UK, large devaluations of both UK businesses and private citizens’ savings accounts.

Essentially the £ just doesn’t buy that much anymore and is likely to continue to fall as more and more big businesses in the UK continue to go out of business or relocate to Europe in what is being dubbed #Brexodus.


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About the Author

Omar Bishara
Journalist, Broadcast News Correspondent and Photojournalist

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