Sterling slides as Scottish 'yes' camp takes shock lead

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Sterling tumbled in overnight trading and was poised for further losses on Monday after the latest poll suggested Scotland is on course for independence.

A YouGov survey for the Sunday Times showed the "yes" campaign now has the majority for the first time, with 51% of the vote. With the referendum less than two weeks away, the latest poll sent sterling tumbling sharply against the US dollar, down almost 1% at $1.6192 having traded as low as $1.6165 at one stage. The move down left sterling at its lowest level since last November. Investors sold sterling as it emerged even the Queen is concerned about a break-up. The Sunday Times quoted a senior source who said: "The Queen is a unionist. There is now a great deal of concern." ...

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