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The British pound hit a record low over fears about income tax cuts and debt

Exchange rates are advertised outside a Bureau de Change on Monday in London. The British pound fell against the U.S. dollar, fluctuating between $1.03 and $1.07 Monday morning. (Getty Images)
Exchange rates are advertised outside a Bureau de Change on Monday in London. The British pound fell against the U.S. dollar, fluctuating between $1.03 and $1.07 Monday morning. (Getty Images)

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