Tag Archives: Dominic Raab

But significant political challenges lie ahead before the 29 March deadline for Brexit. Sterling likely to be in the spotlight for several months. Theresa May’s cabinet has approved her divorce deal with the European Union (EU). A few cabinet secretaries have resigned, including Brexit Secretary Dominic Raab because the deal keeps the UK in a transitory ‘customs union’ with the EU, which in his view continues to give...

The pound plunged against the euro, the dollar, gold and all leading currencies today as Theresa May’s UK government appeared vulnerable to collapsing and political turmoil risked creating a hard Brexit. The pound has fallen 2.6% against gold in less than twenty four hours seeing gold rise from £923 to £947 per ounce in sterling terms. The pound slumped the most in more than 17 months as several U.K. ministers resigned...