Less than 60 days to go: are British firms hedging for Brexit?

As sterling hits a 1.5-year low against the euro, Oanda's Natasha Lala explains how corporates are managing risk amid uncertainty

natashalala
Natasha Lala: no-one wants to be making financial transactions based on inaccurate data

From ‘Britain taking back control' to ‘leaving isn't a price worth paying', the EU referendum campaign's starting gun has been well and truly fired. The trouble is that beneath the carefully crafted soundbites from both sides, many have been left scratching their heads about what the future holds.

At the start of this year, no organisation could have predicted that Brexit fears would trigger the sterling-to-dollar rate to fall below 1.40. Nowhere is this more troublesome than among manufacturing

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