Many emails I receive have characters like A with an accent instead of £. Is there any way to fix this?

I am using Thunderbird 31.3.0.

Sounds like the email has not used the correct character encoding.
Character encoding (temporary):
* 'View' -> Character encoding'
then select the desired character encoding.
* Tools > Options > Display > Formatting tab
* click on 'Advanced' button
"Incoming Mail" pulldown menu:
Thunderbird will normally use each message's stored character encoding, or auto-detect it, but you can set a default character encoding for message display by using this pulldown.
Post image of what you have in the fonts and Encoding window.
See image below as example
To see what charset is used in email.
Select email in list which has wrong characters, to view in Message Pane.
Click on 'Other Actions' and select 'View source'
Look for :
'''charset''' ="utf-8"
'''Content-Transfer-Encoding''': 7bit
What do you have for those two lines?

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