RLAM's Greetham: UK will slow if government continues with current strategy

Bouts of sterling weakness

Royal London Asset Management's Trevor Greetham, head of multi-asset, discusses the impact of a hung parliament and what the different options could mean for the UK market and Brexit.

For the second time in the last three General Elections the British public has in effect voted for "none of the above". Neither the Conservatives nor the Labour Party can command a majority in the House of Commons. Betting odds put the chance of a hung parliament in 2017 at less than one in five so this was a surprise to rival the EU referendum outcome and the election of Donald Trump in the US last year. If President Macron's victory in France is any guide you are still most likely to win elections from the centre, even in the highly polarised social media world. Market reaction h...