Pound Suffers as UK Campaign Tightens Ahead of June 8 Vote
There’s no such thing as a sure thing. Though Britain’s ruling Tories have been polling with huge leads since the snap elections were called, that advantage is swiftly disappearing. A YouGov poll today showing the Labour Party just five points behind sent sterling to an 11-week low against the euro as traders got jittery over the uncertainty. Meanwhile, political campaigns suspended after this week’s suicide bombing in Manchester have resumed, with Labour leader Jeremy Corbyn promising more funds for police and emergency services to fight terrorism.