, Columnist
Brexit: Bad for your Wardrobe
Relocation and renegotiation are no match for pound drop
This article is for subscribers only.
It's not just your financial investments that Brexit might hit. A British departure from Europe could be bad for your wardrobe too.
The European Union membership debate has already hit the pound, sending it to its worst week against the dollar since 2009. Analysts have warned it could get worse, with Goldman Sachs saying a vote for Brexit at the June 23 referendum could slice another 20 percent off sterling versus the greenback, putting it at levels last seen in 1985.