What does the general election result mean for the UK market?
A Conservative majority has brought further clarity to many things that have been disturbing UK investors – such as Brexit – for the last few years, but what does it mean for the UK market? I spoke with Shamik Dhar, chief economist at BNY Mellon Investment Management, to discuss what areas of the markets are likely to see the greatest impact and why, outlining the potential positives for banks and house builders and why sterling is likely to remain weak.
Boris Johnson/Downing Street photo: Michael Tubi / Shutterstock.com
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