Pound Dips to Lowest Point Since 2023 During Widespread UK Market Selloff

In a striking turn of events, the British pound has plunged to its weakest level since 2023, signaling a tumultuous period for the UK economy amid a broader selloff in the financial markets. As investors react to a combination of economic pressures, the currency's decline reflects growing concerns regarding the strength and stability of the UK’s future economic outlook.

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