Hard Brexit fears hit pound ahead of Theresa May speech

Britain's pound fell on Monday as concern rose that the country is heading for a "hard" Brexit from the European Union and its single market, a day before a speech by Prime Minister Theresa May on the government's plans.

Some British newspapers have billed May's speech on Tuesday as a shift away from preferential EU single market access — in order to win restrictions on immigration — and a toughening of the UK's stance towards an economic bloc that accounts for roughly half its exports and imports. A.....

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