UK election impact on pound ‘likely to be muted’

The UK election’s influence on the pound is likely to be limited amid widespread expectation of a Labour victory, according to the CEO of a leading independent financial advisory and fintech. The prediction from Nigel Green, deVere Group chief executive, comes as Britain heads to the polls on Thursday, July 4, with the current opposition Labour Party projected to win, and Sir Keir Starmer will be Britain’s next prime minister. Many polls indicate that Rishi Sunak’s Conservatives could face an existential crisis after 14 years in power. “The pound’s recent performance indicates that the market has largely priced in the likelihood of

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UK election impact on pound ‘likely to be muted’

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