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UK Set for Recession and Pound Test of Historic Lows, Survey Finds

  • Clear majority in poll predict UK recession, see pound sinking
  • ‘UK looks to be in one of the worst positions,’ investor says
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WATCH: Bloomberg TV guests give their input on this week’s MLIV Pulse question: Will Cable ever hit pre-Brexit levels?Source: Bloomberg
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Six years after Britain decided to leave the European Union, market participants see a country in crisis: The UK is stumbling toward recession as inflation spirals while the pound is on course to retest historic lows.