Britain’s pound currency plunged in value against the dollar Monday after mop-haired London Mayor Boris Johnson dramatically defected to the campaign for Britain to leave the European Union.
The high-profile announcement dealt a serious blow to Prime Minister David Cameron ahead of the June 23 referendum that could see Britain vote to exit the trading bloc.
It was followed by a string of similar announcements by other senior ministers in Cameron’s Conservative government, adding to fears that a so-called “Brexit” is now a real risk.
“I think there is genuine worry that Britain might vote to leave and the uncertainty is going to rise into the referendum,” Alvin Tan, a strategist with French bank Societe Generale in London, told Reuters.
http://www.nbcnews.com/news/world/pound-drops-london-mayor-boris-johnson-backs-brexit-eu-n523376
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