UK Conservative politicians prepare for snap election in October - FT
|The Financial Times (FT) is carrying fresh headlines, citing that the UK Conservative Party’s politicians are preparing for a snap election in October.
A former Cabinet Minister said: "My August will be taken up preparing for an election, writing literature raising money. I think it's more likely to be in the spring but you could conceive it could happen in the autumn."
Mr Johnson, who is the frontrunner in the race for the Tory party leadership, said that he doesn’t want to go to the polls but Brexit failure could force his hand.
The Cable remains unfazed by the latest UK political update, sticking to its range just below the 1.26 handle.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.