Pound Drops to Weakest Since 2010 Amid U.K. Economic RisksAnooja Debnath
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.