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Thursday, 15 November 2018

Hidden in this BBC report

This BBC report https://www.bbc.co.uk/news/business-46219038 includes this:

'What do the currency strategists make of it?

Jane Foley, head of currency strategy at Rabobank, said the pound's plunge was "firmly tied" to the perception that Mrs May will have difficulty in pushing the Brexit plan through Parliament.

... 

"A lack of Parliamentary approval for the deal or a hard Brexit would both weigh heavily on the pound. Any turn of events that could raise the risk of a general election would also punish the pound, given the risk of a market-unfriendly far-left government."'


'Any turn of events that could raise the risk of a general election would also punish the pound, given the risk of a market-unfriendly far-left government."' That's something that the BBC won't push pre a General Election. 



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