Britain Hasn’t Been This Politically Risky in 40 Years
- Parallels now with lost decade of U.K. political instability
- Investors mulling whether Theresa May will last past October
BNY Mellon's Derrick Says Pound Influenced by Politics
This article is for subscribers only.
Britain is having a flashback to the 1970s, and it’s not flared trousers making a comeback.
As Parliament breaks for the summer, Prime Minister Theresa May needs to come up with answers to the political drama unfolding at home and threatening her Brexit strategy as investors predict more trouble on the horizon for a country once seen as the stable counterpoint to European turmoil.