The pound has plummeted after shock ministerial resignations dealt a blow to Theresa’s May’s Brexit deal and is set to remain under pressure as Cabinet support proves short-lived.
Sterling fell sharply against most major currencies after Brexit Secretary Dominic Raab quit, followed shortly after by Work and Pensions Secretary Esther McVey.
It comes after a volatile week for the pound as it has been buffeted by developments on the Government’s Brexit deal.
Experts said it will be a pivotal day for the Prime Minister and sterling, whose fortunes now appear linked to her ability to remain in post.
The blue chip share index edged 7.7 points higher to 7041.4.