Pound Plunges as May Hints Towards Hard Brexit

The transcript discusses Prime Minister Theresa May's Brexit strategy, focusing on immigration control over single market membership. It highlights the currency impact on luxury sales post-Brexit and the media's role in shaping market reactions. The political nature of Sterling's value is examined, with emphasis on its sensitivity to political events. The development of the Brexit plan in Downing Street is outlined, along with UK efforts to secure a trade deal with the US.

What is the significance of the upcoming details of the Brexit plan that Theresa May is expected to release?

What are the potential implications of Boris Johnson's meeting with the president elect for UK-US trade relations?