Pound Plunges as Britain Votes to Leave European Union
The pound is making history, plunging with other U.K. assets after Britain voted for a Brexit. Sterling slid by the most on record against the dollar, and reached its weakest level since 1985, as the nation opted to quit the European Union after more than four decades. U.K. stocks plunged, led by banking shares. The final tally, announced just after 7 a.m. London time, showed voters had backed “Leave” by 52 percent to 48 percent. Prudential Executive Director Anne Richards and Atlantic Equities Analyst Christopher Wheeler discuss with Bloomberg's Francine Lacqua on "The Pulse."