London (CNN Business)The pound hit its lowest level in more than two years Tuesday as investor anxiety about the prospect of a messy Brexit continues to grow.
Boris Johnson has used his first days as prime minister to double down on his threat to leave the European Union on October 31, even without an exit agreement in place to protect trade.
That’s driven the pound to lows against the dollar not seen since March 2017. The pound nearly broke below $1.21 on Tuesday before recovering slightly.