The pound plummets after Boris Johnson's 'drastic' move that raises risk of Britain crashing out of the EU without a deal | Markets Insider

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The pound plummets after Boris Johnson's 'drastic' move that raises risk of Britain crashing out of the EU without a deal | Markets Insider
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The pound plummets after Boris Johnson's 'drastic' move that raises risk of Britain crashing out of the EU without a deal

The pound plummets after Boris Johnson's 'drastic' move that raises risk of Britain crashing out of the EU without a dealThe pound sank on Tuesday after Prime Minister Boris Johnson moved to change the law on Brexit, making it illegal for Britain to continue negotiations with the EU after 2020.

"This sets up another cliff-edge and could create yet more months of uncertainty for investors just when we thought all was squared away," one analyst said.The pound sank on Monday morning after Boris Johnson put forward a law that would raise the risk of Britain crashing out of the EU by the end of 2020 without a deal.

The Prime Minister on Tuesday moved to change the law on Brexit, making it illegal for Britain to continue negotiations with the EU after 2020.

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