Pound could fall to parity with dollar on hard Brexit concerns

Fear of ‘hardline’ Boris Johnson and Jeremy Hunt could push sterling down to mid-80s levels, says Morgan StanleyThe pound’s fall to a two-year low against the dollar could be the start of a no-deal Brexit inspired wave of selling that would push sterli…

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London house prices suffer biggest slump since 2009, as pound keeps dropping – business live

Rolling coverage of the latest economic and financial news, as UK housing market keeps slowing and the pound hits fresh lowsBreaking: London house prices fell 4.4% in MayBiggest decline in a decadeUK house price growth slows to 1.2%Introduction: Pound …

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Pound hits 27-month low as no-deal Brexit fears grow – business live

Sterling is sliding as UK and Brussels head for fresh clash over the Irish BackstopPound slides as Hunt and Johnson say backstop is deadPound hits 27-month low vs dollar, 6-month low vs euroConservative leadership rivals hurt sterlingWeaker pound will …

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Libra: US Congress asks Facebook to pause development

Legislators say they need time to investigate cryptocurrency and its potential impactThe US Congress has asked Facebook to pause development on its Libra cryptocurrency until lawmakers have had more time to investigate the ramifications of the company’…

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Facebook warned Libra cryptocurrency will come under close scrutiny

UK financial regulator highlights concerns over consumer protection and privacy Facebook’s plans for a global cryptocurrency, Libra, will warrant close scrutiny by governments across the world, according to one of the UK’s most senior financial regulat…

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