U.K. Pound Erases Gain Against Euro, Weakens to 92.86 Pence

By Daniel Tilles

Jan. 6 (Bloomberg) -- The British pound erased its gain against the euro, weakening to 92.86 pence as of 7:16 a.m. in London, from 92.74 pence yesterday. The U.K. currency earlier strengthened to 92.43 pence.

Against the dollar, the pound declined 0.8 percent to $1.4584.

To contact the reporter on this story: Daniel Tilles in London at dtilles@bloomberg.net