Advisers warned 'pile clients out of the pound'

Laura Miller
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Advisers should tell clients to get their money out of the pound before the currency collapses, urges a former City broker.

Millionaire speculator Vince Stanzione says after the tragic decline of the Greek economy, analysts are looking to see which currency is next in line to fall, and the pound is "the ugliest of an ugly bunch". Speaking from his house in Spain, Stanzione says: "If you're an adviser start telling your clients not to have all their investments in pounds. "The pound is in trouble. It hasn't been in great shape for a while. The dollar is not great, the Euro is not great, but the pound is still the weakest, the ugliest of an ugly bunch." Stanzione, who lost his fortune in the 1987 stock ma...

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