Pound’s Plunge Squeezes U.K. Firms as Brexit Hedges Unravel

  • Sterling’s volatility upends firms’ hedging strategies
  • Costs rise for soap dishes, running shoes, Unilever’s Marmite

UBS's George Magnus: Brexit Costs Money

U.K. Plc is losing its battle against the forces of inflation that have been bearing down since the Brexit vote in June.

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