LONDON (AP) — The pound has dropped to a 31-year low as investors fret over the British government's suggestion it will focus on controlling immigration in its talks to leave the European Union, ahead of retaining access to the bloc's single market.

Investors have been selling the currency since a speech on Sunday by Prime Minister Theresa May, who said her government plans to start the process of leaving the EU by the end of March 2017.

The pound fell another 0.5 percent on Tuesday to...

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