"Brexit wont initiate a run on the pound, but the election of a socialist government certainly would"

Have you looked at the exchange rates in the last 18 months since the Referendum?

In November 2015 I exchanged a good sum at 1.41 Euro to the pound so each Euro cost me 71 pence sterling.

Today if I exchanged I would get 1.11 Euro to the pound so each Euro would cost me 90 pence sterling.

It doesn't take a rocket scientist to work out the maths.