Labour Victory Would Be Best Outcome for the Pound, Survey Says
Respondents to a Bloomberg poll expect UK assets to benefit from an election victory for Keir Starmer’s party
Angela Rayner campaigns in Darlington, UK, on June 3.
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A Labour victory in next month’s UK election would be good news for the pound but is unlikely to undo the damage of Brexit, according to the latest Bloomberg Markets Live Pulse survey.
When asked which outcome in the July 4 vote would be best for the UK currency, more than half of 268 respondents opted for a Labour win, although they were split on whether a large or small majority would be best. A hung Parliament, with no party winning more than half the seats on offer, was seen as the worst result.