UK airline head warns GBP will collapse to parity with USD if no-deal Brexit – “devastating” to business

UK airline head warns GBP will collapse to parity with USD if no-deal Brexit – "devastating" to business Author: Eamonn Sheridan | Category: News

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Virgin boss Sir Richard Branson spoke about his Brexit concerns

  • would cause sterling to plummet
  • be worth the same as the US dollar
  • would be "devastating" for Virgin
  • would force the group to shift investment out of the UK


Can't help but concede his point on its impact on his airline. But a lower pound could be a positive net for tourism inbound to the UK?

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