The storm was downgraded to a category one hurricane from a category four on Friday morning, with winds of more than 90 miles per hour. Florence is expected to move slowly up the coast, drenching the region with heavy rains.<br /><br />Subscribe to FT.com here: http://bit.ly/2GakujT<br /><br />Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
