Pound Slides as U.K. Tax Revenue Slump Fuels Growth ConcernsBy
Signs of slowdown may weaken case for BOE rate increase
RBS pushes back call for higher rates to August 2016
The pound fell the most in almost four weeks against the dollar after a government report showed a drop in tax receipts and a business lobby said factory exports were the weak link in the economic recovery, which may signal the strength of the currency is hurting demand.
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