Heading into the “crunch” week for the UK Prime Minister May’s Brexit deal, we knew there’d be some ructions. With the vote on the deal, postponed for now, the pound took a dip, heading into the danger zone for Irish exporters.
On Monday evening, December 10th, the pound stood at €1.10 or conversely, the euro stood at just over 90p.
As the P.M. heads off towards EU capitals to somehow salvage her deal, the wheels seem to be coming off the cart.
Perhaps cool heads will steady nerves and, changing the metaphor, keep the HMS Brexit off the rocks.