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Financial segments have been start to trust the newest pound is actually overvalued, along with April you to definitely season The brand new Wall surface Path Record advised the new selling of sterling investment facing large taxes, inside the a story one to concluded which have “so long, Great britain. It absolutely was sweet understanding you”. Such incorporated Hong-kong of 1863 in order to 1866; Cyprus out of 1955 up to 1960 (and you will went on to the area because the division of the Cypriot pound until 1983); and also the Palestine Mandate away from 1926 until 1948. But not, sterling are decimalised in numerous British colonial territories until the United Kingdom (along with several circumstances relative to William Brown’s suggestion one the fresh pound become divided into step one,100000 parts, titled mils).
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