> But a research note from Deutsche Bank expresses scepticism about the idea that the pound's fall will propel Britain back to "a Victorian age in which British manufacturers export world-class products unencumbered by EU regulations".
The note said: "International economics has evolved since the Victorian era, however, and world trade no longer consists of final consumption goods being bartered for raw materials."
It pointed out that while manufacturers' final products would be cheaper for foreign customers, they would also have to pay more for imported raw materials.