Sterling has fallen lower this morning as Prime Minister Theresa May's lead in the polls once again narrowed.
According to Bloomberg, one poll showed May's Conservative party lead had been slashed to just five points over Labour leader Jeremy Corbyn after Monday's television debate where the two were interviewed by Jeremy Paxman. On the news, sterling fell 0.25% to $1.281 in early morning trading as investors continue to worry May's grip on this election campaign is slipping. After a strong performance in the local elections, May started the election campaign with a 20-point lead over rival Corbyn however, a U-turn over social care, where the Tories threatened removed the cap on the cost of ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes