Sterling falls as Theresa May's plan for third Brexit vote in Commons hits major setback on Bercow ruling

Sterling fell after Prime Minister Theresa May’s plan to present her EU withdrawal deal for a third time to the Commons hit a major speed bump after a ruling by the House of Commons speaker raised further uncertainty about the course that Brexit will take.

Sterling had already been falling before the ruling by John Bercow which insists she must present a significantly different bill. Sterling dropped below $1.32 against the dollar and fell to 85.65 pence against the euro.