Britain is to hold a referendum this summer on whether to leave the EU . Proponents of “Brexit” want to see less immigration and more self-determination ; advocates of staying in the union anticipate horrors both economic and human if the country becomes, once again, an “island” . Polls are running neck and neck . Britain is important enough that its departure could deal a mortal blow to the European Union ; the Scots and Irish, in particular, are uneasily tied to England’s destiny. Meanwhile, the pound is headed south , presumably in search for warmer climes.

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Pound sinks as Britain weighs EU exit