Goldman Sachs have issued the most dovish prediction, stating that, ‘We argue that, if the UK voted to leave the EU, the UK’s current account deficit would still be a source of vulnerability despite some recent improvement. An abrupt and total interruption to incoming capital flows in response to a ‘Brexit’ could see the Pound decline by as much as 15-20%.’
So, what's the impact to UK-based operators if the pound is weakened by 15-20%?