The fall comes as Britain once again faces the prospect of a messy exit from the European Union.
Prime Minister Theresa May on Tuesday unveiled details of her final bid to get a Brexit deal through the UK parliament. Her new pitch, framed as a compromise, would let members of parliament vote on whether to hold a second referendum if they first backed her deal.
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But the plan was met with opposition from across the political spectrum and appears dead on arrival.
Now pressure is building for May to step down. Conservative Party leaders met Wednesday to discuss changing party rules, a move that could have opened the door for her ouster.
Source: Brexit fears are back and the pound is paying the price
