|
|
Sterling’s fortunes have reversed since the announcement of the snap election in mid-April, burning those who had priced in an appreciation of the rallying pound.
Prime minister Theresa May was predicted to comfortably win a Conservative majority, but seven weeks is a long time in politics, and the Tories ended up scoring an own-goal by losing 13 seats.
The result left a hung parliament, as no party won enough seats – 326 or more – to secure an outright win.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
