Sterling's slide: winners and losers in 2016

The Brexit vote and interest rate cut have piled pressure on the pound. However, the dip has proved to be a blessing for some

Uncertainty over the outlook for the UK economy after the Brexit vote in June has sent the pound plummeting to levels not seen since the 1980s.

After the initial falls, Theresa May's announcement that she would trigger article 50 by March and continuing talk of a hard Brexit piled more pressure on sterling. As did an emergency cut in interest rates from the Bank of England, the effects of which were exacerbated by the Federal Reserve's move to raise US borrowing costs.