Pound suffers worst fall in 41 years

[Swanny]

As foreign investors abandon the UK, the pound has lost a quarter of its value against the dollar over the past year – more than was suffered in 1967, 1976 or in the year after 1992's Black Wednesday. Sterling yesterday suffered its biggest intra-day fall in recorded history, dropping at one stage by 9.6 cents against the dollar, and falling to its lowest overall level in 12 years.

http://www.telegraph.co.uk/finance/f...-41-years.html

Ouch!!!!