The last time sterling fell off a cliff we were in the midst of global financial crisis from 2007 to 2008. The currency shock sent inflation shooting up to 5.2pc, abruptly squeezing on real living standards.
City analysts say the OBR must rip up its pre-Brexit vote forecasts after projections show GDP growth and tax receipts slowing. Photograph: Justin Tallis/AFP/Getty Images.
Britain was once good at building very big things very quickly. Now the country struggles. In May 1833, at the start of the railway age, parliament approved a new express line from London to Birmingham.
BRITAIN'S worst performing rail operator was accused of “Alice in Wonderland stuff” yesterday after it blamed autumn leaves for its decision to continue cancelling dozens of trains each day.
Stephen Hawking Announce Breakthrough Starshot, A New Space Exploration Initiative Professor Stephen Hawking recently unveiled an Artificial Intelligence Research Center.