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Arsène Wenger admits he used to plead for financial fair play rules but says ditching them is the only way Premier League clubs will be able to compete. Photograph: Anthony Devlin/AFP/Getty Images
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A Union Jack flag flutters next to European Union flags ahead of a visit from Britain’s Prime Minister David Cameron at the EU Commission headquarters in Brussels, Belgium, January 29, 2016. REUTERS/Francois Lenoir
Chances of Brexit Undermining Sterling’s Place in World FX Reserves
As fluctuations in hard cash reserves at global central banks tend to be glacial, the hit to sterling from a potential ‘hard’ UK exit from Europe’s single market after more than 40 years could ultimately undermine the pound’s position in their...Caption:
Iranian men queue at an ATM machine in Tehran on January 23, 2012. AFP Photo/Atta Kenare