The pound fell to its lowest rate since January yesterday and is choppy this morning. This drop was an extension of its recent losses due to the possibility of the new Prime Minister advocating a no-deal Brexit scenario.

So far, 12 MPs have thrown their hat into the ring, Mark Harper being the latest addition. The former immigration minister and MP for the Forest of Dean voted remain in the 2016 referendum, but has said that he would honour the result.

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