What did set apart the 14th edition of Frieze London — which opened today alongside its younger sister fair for historical material, Frieze Masters — is the free - falling pound sterling, which dropped to its lowest value in three decades this week after Prime Minister Teresa May announced that bankers would not be protected during the Brexit process, causing markets to implode. (artnews.com)
Here's something that voters somehow overlooked when casting their ballots in the EU referendum last year: the impact the subsequently falling pound would have on costs awards to European litigants. (newlawjournal.co.uk)
The last quarter saw small businesses in the U.K. regain their confidence to pre-referendum levels but the falling pound is driving up costs and crimping profits, according to the Federation of Small Businesses (FSB). (cnbc.com)