[COLOR=#3C3C3C][FONT=TiemposTextWeb-Regular]The pound tumbled to its lowest level in three decades amid mounting concern the U.K. is heading for a so-called hard Brexit that would restrict access to the European Union’s single market.[/FONT][/COLOR]
[COLOR=#3C3C3C][FONT=TiemposTextWeb-Regular]Sterling exceeded its lows versus the dollar set in the wake of the June 23 referendum and touched the weakest in three years against the euro. The slide extended as Prime Minister Theresa May was said to take the view that financial services would get
no special favors in EU exit talks. The pound has fallen against all 16 of its major peers since the premier’s weekend announcement that she’ll trigger the formal process for quitting by March.[/FONT][/COLOR]
Pound Drops to Lowest Since 1985 as Angst Builds Over Brexit - Bloomberg
