Pound Drops to Weakest Since 2010 Amid U.K. Economic Risks

How Brexit Fears Are Beginning to Impact U.K. Economy

The pound fell to the weakest level since June 2010 as Chancellor of the Exchequer George Osborne prepares to say a “dangerous cocktail” of global threats faces the British economy this year.

Sterling dropped 0.4 percent to $1.4575 at 9:04 a.m. London time and touched $1.4561. The U.K. currency slid 0.8 percent to

74.26 pence per euro.

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