Full-blown sterling crisis immediate threat to Ireland before Halloween crash-out

A full-blown sterling crisis threatens Irish prosperity well before the end of October when the new London administration has threatened to take Britain out of the EU without a deal, economists and business groups have warned.

It comes as an effective run on the pound dragged the currency lower by a significant 0.6% to 91.71 pence in the latest session, adding to the pressure on the currency since Boris Johnson was installed as the new British premier last week.