UK Prime Minister

September 6, 2022
More woes for Sterling as Liz Truss named new PM premium
Liz Truss has won the Conservative party leadership and takes over from Boris Johnson as the UK’s new Prime Minister. Yet her victory is helping to further sink the troubled pound, and it looks as though things will only get worse. As I was quoted by The Mirror, Pound Sterling Live, London Loves Business and, amongst other media, up to now, Sterling is one of 2022’s worst performing major currencies, and on Monday fell to its lowest since 1985. Part of the Read More
June 7, 2019
More falls for sterling if Boris Johnson gets to Number 10 premium
Should Boris Johnson be the next UK Prime Minister, we can expect the pound to be driven down even further. Johnson is the favourite to win the Tory leadership contest, securing the support of over 40 Conservative MPs, placing him streets ahead of his rivals. As such, should he get to Number 10, the pound will be delivered another bloody nose. Additional downward pressure will impact sterling in this case due to the increased probability of Boris Johnson taking Britain into Read More

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