On 23 June 2016, the Great British public voted on whether or not the United Kingdom should remain a member of the EU. It is fair to say that when the results came in and we realised that the UK had voted 52% to 48% in favour of withdrawing, it sent a shockwave around the country.

Even a die-hard leave campaigner like Nigel Farage said that it looked like remain would edge it. But it proved otherwise and the UK began the slow process of withdrawing from the EU.

In May 2016, a month before the vote, £1 bought you €1.30 but, following the vote, sterling weakened sharply against the single currency and dropped to €1.19 - an 11 cent dip that alarmed the markets.

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