The pound has fallen sharply in trading in Asia on Monday, adding to Friday's record one-day decline. Sterling was trading at $1.3365, down almost 3% from Friday's close.
TOKYO Asian stocks fell and the British pound tumbled more than 2 percent on Monday as markets struggled to shake off deep uncertainty sparked by Britain's decision to leave the European Union.
Tata Steel is close to a deal to save its Port Talbot plant despite Britain's vote to leave the EU, as sterling's slump potentially boosts the industry's survival prospects.
BRUSSELS, June 26 (Reuters) - The EU is preparing to move its European Banking Authority from London following Britain's vote to leave the Union, EU officials said on Sunday, setting up a race led by Paris and Frankfurt to host the regulator.
The NFU has called an emergency meeting of its governing body for July 1 to discuss the leaving of the European Union. NFU president Meurig Raymond said: "The NFU last year analysed the issues for farming if we were to leave and earlier this year we ...