The pound has enjoyed its biggest one-day surge in value for eight years as investors bet on Britain remaining in the EU. And the FTSE 100 recorded its best day for a year as shares in British companies soared by £47.5 billion, the Daily Mail says. ‘Analysts said the rally was a sign that investors from around the world now expect Britain to remain in the European Union – allaying fears of an economic hit following Brexit,’ according to the paper, which has been vocal in its support of Britain leaving the EU.
Sir Philip Green continues to come under fire from MPs, says the Times. The ex chief of BHS is accused of diverting money away from the pensions fund during the sale of the company. Last week Sir Philip announced he would ‘sort’ the deficit; if he doesn’t former employees will face a significant shortfall.
The vultures are already circling over the corpse of the old Cuba.
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