The Pound dropped sharply amid fears over Britain’s economic outlook as Rachel Reeves admitted ahead of the Budget to a productivity downgrade by the fiscal watchdog.
Sterling plummeted to a two-and-a-half-year low against the Euro and a three-month low versus the US Dollar, down 0.4% at 1.13 Euros and 0.4% lower at 1.32 Dollars, following steep falls on Tuesday.
