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Not necessarily that, I think it was more to do with the belief that big business would be spooked and confidence plummet...hence the pound would do the same. Pure speculation

Of course, you could argue that the pound has been vastly over valued for years and if we have a market economy, the pound will find its own level. With us going out in the world and competing against a huge block of the EU for trade, we need a very cheap pound to compete. Anyone remember in...