UK's pound surges ahead of a predicted Labour win amid Brexit levels, with credibility in tackling economy at stake.

UK's pound surges ahead of a predicted Labour win, but its future relies on the new government's credibility in tackling the stagnant economy. Sterling reaches 2016 Brexit levels, with a Labour victory potentially offering political stability and investor confidence to reverse the currency's volatility-impacted economy. The party may need to increase taxes or borrowing to avoid spending cuts.

June 26, 2024
3 Articles

Further Reading