Politics

Is the election result good for the City? Yes

The DUP's role paves the way for a softer Brexit deal, while unpopular Tory policies may never come to pass

DUP leader Arlene Foster jokes during a television interview at the Belfast count centre on June 9, 2017 in Belfast, Northern Ireland
DUP leader Arlene Foster jokes during a television interview at the Belfast count centre on June 9, 2017 in Belfast, Northern Ireland Photo: Getty Images

The UK’s inconclusive election isn’t just a good result for the City – it’s the best outcome it could have hoped for.

Yes, markets may be volatile in the short-run. The pound has slid and may slide further. But look to the longer term. First and foremost, consider Brexit.

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