By  on December 10, 2018

LONDON — The pound took a beating late Monday afternoon as British Prime Minister Theresa May proposed delaying a key vote over the government’s proposed Brexit deal.

May had been under pressure to delay the vote, which had been set for Tuesday, and which she would have lost by a landslide. The indefinite postponement — it may not take place until late January — caused even more turmoil on the financial markets.

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