Brexit: the price of post-truth pounds in our pockets

Fifty years after Harold Wilson's speech, people are still talking a load of nonsense about sterling

This year marks the 50th anniversary of Harold Wilson's memorable broadcast following his government's devaluation of the pound.

"It does not mean, of course, that the pound here in Britain, in your pocket or purse or in your bank, has been devalued," he said. This, depending on your preference for modern or traditional language, is either a) an alternative fact or b) a brazen fib.