At the start of September, the pound fell to its lowest level since the immediate aftermath of the EU referendum result in 2016. On that occasion, its value quickly rallied as markets and currency exchanges adjusted to the new political reality. This time, with the UK in a state of political turmoil and a no-deal Brexit looking ever more likely come 31st October, there are concerns Sterling could endure at its weakest value in 35 years for the forseeable future.
A weak pound means a weak economy. Forget all attempts to dress it up otherwise. And on the front line feeling the sharp edge of its effects are the small businesses trading overseas which are having to deal with eroding margins and turbulence in their supply chains.