Crumbling sterling is the latest threat to the UK economy

Higher prices for imports will mean more pain for economy

The pound has fallen 14% versus the greenback so far this year, and yet British exporters have yet to see a boost in sales abroad.

Inflation is grabbing all the headlines, but the crumbling pound is threatening to make things even bleaker for the UK’s economy this winter.

Fresh from posting its worst monthly performance since the 2016 Brexit vote, forecasters suggest sterling could soon fall to $1.05, a 37-year low. That would raise the cost of imports, further fueling inflation just as the onset of cold weather forces the UK into an energy crisis.