Britain is proving something of an exception among major economies heading for elections this year
Thanks in part to former UK Prime Minister Liz Truss’ singular contribution to financial stability two years ago, - there’s little or no fiscal or financial controversy.
Remarkable in that looming change of government is the fact that Labour offers few fiscal teasers and has relied largely on the mounting unpopularity of the incumbent conservatives - with the latter’s lasting signature legacy of Brexit now even rejected by a majority of the electorate who wanted it.And in a world facing the uncertainty of possible second U.S.
Historical 30-day volatility of that index is less than a fifth of the peaks it hit two years ago and around the pandemic. Echoing ING’s take, Catechis said the ‘mercifully short’ six week election campaign was “unusual in its blandness.”
Government Sterling Majority Britain Something Party Stability ING Labour Bank Of England
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