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Sterling falls as other major currencies flatten out

Britain's economy ended 2015 on a soft note after the annual pace of growth slowed to its weakest in nearly three years as the global economic slowdown weighed on its previously rapid expansion.


MAJOR currency markets flattened out on Tuesday after a rebound for shares and other riskier assets from shocks due to falling oil prices and worries over China.

Of the big four developed world currencies, sterling was the standout, falling almost one per cent after poor