The Pound Falls Again

The pound has fallen again. What happened (hint: Brexit), and how does this affect corporations and litigation? TIMESTAMPS (00:05) The pound has fallen again (00:53) Fall in value after (01:05) Boris Johnson's remarks on Brexit negotiations spook currency markets (01:58) Resignation of GLD head Jonathan Jones; Tories admit breaking the law in a 'very specific and limited way' (02:49) Who benefits from a weaker pound? Who stands to lose? (04:10) How do forex fluctuations affect litigation? CASES Elkamet v Saint Gobain [2016] EWHC 3421 PC, MacInnes v. Gross [2017] EWHC 127 QB

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