Pound at 31-year low as FTSE 100 hits High

The video discusses the impact of the pound's fall to a 31-year low, making exports cheaper and imports more expensive. It highlights the effects on manufacturers, consumers, and travelers, noting increased costs for the latter. The video also covers market reactions to Brexit, with Sterling's slump benefiting some multinationals but worrying investors. The Footsie 100 index shows mixed performance, and future economic uncertainty looms due to Brexit negotiations, potentially causing further declines in the pound.

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