Sterling falls further as Cameron pleads for 'no' vote

Sterling fell further this morning as political leaders headed to Scotland to encourage a 'no' vote.

The pound neared the $1.60 mark against the US dollar as it dropped 0.2% to $1.6077 this morning, the lowest level since last November. Ed Miliband, David Cameron and Nick Clegg have travelled to Scotland today as the pro-independence movement gains popularity ahead of the vote on 18 September. Speaking today, Cameron tolds Scots that the UK "desperately" wanted Scotland to remain part of the union. "Our fear over what we stand to lose is matched only by our passion for what can be achieved if we stay together," he said. However, he was rebuffed by Alex Salmond who described the...