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May looks to form new government

Published 06/09/2017, 05:46 AM
© Reuters.  May looks to form new government
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  • Prime Minister Theresa May will seek permission from the Queen today to form a new government, according to a spokesperson, despite calls for her to resign after a bruising election.
  • Her Conservative party lost its majority, with Labour gaining significant ground, resulting in a hung parliament.
  • Sterling fell as much as 2.3% to $1.2660 on the results, which could also weaken May's mandate for upcoming Brexit negotiations.
  • Previously: UK election: Conservatives look to have lost ground (updated) (Jun. 08 2017)
  • ETFs: FXB, EWU, GBB, DBUK, FKU, EWUS, DXPS, HEWU, QGBR
  • Now read: Super Thursday - Politics And Monetary Policy Take Center Stage


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