UK economy: is there worse to come

The British pound has tanked, markets are in crisis and economists worldwide are panicking. Whats happening to the British economy 00:00 Britains economy is in crisis 00:58 What happened 01:31 What does this mean 01:51 How do they fix it To read more about Britain s economic crisis: For our most recent coverage on Britains economy: Sign up to The Economists daily newsletter: Economists now accept exchangerate intervention can work: Financial markets are in chaos. What next for the real economy : Financial markets enter a dangerous new phase: The pound is plumbing nearhistorical depths. Why : A weaker pound does not spell disaster for Britain: Meet Britains chancellor of the exchequer. Hes rather odd: econ