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The Independent UK

National

Thomas Kingsley

Pound sinks to new 37-year low

United Kingdom Economy

The pound has hit a new 37-year low against the dollar as new official retail figures painted a bleak picture of the UK's economy.

Sterling dropped below $1.14 for a couple of hours on Wednesday morning, pushing it below recent lows and taking it to its worst point since 1985.

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Top stories on inkl right now

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One subscription that gives you access to news from hundreds of sites

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