Election2017

Hedge funds doubled bets against sterling ahead of election

Some hedge funds profit from shock election result - but bets against sterling are a fraction of what they were in December

3 min read

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

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

3 min read

 Theresa May arrives back at Downing Street after going to Buckingham Palace where she asked the Queen's permission to form a UK government on June 9

Is the election result good for the City? No

Uncertainty and a lack of room to manoeuvre on Brexit will lead to a tough few years for financial services

3 min read

Jeremy Corbyn gives a thumbs up as he arrives at Labour Party headquarters in central London on June 9, 2017 after results in a snap general election

Election result provides no shock value for traders

Equity trading on June 9 did not receive the kind of boost seen after the surprise Brexit vote or Donald Trump election victory

2 min read

Theresa May (left) and Gina Miller

Gina Miller calls for Theresa May to go

Fund manager ran a tactical voting initiative to support election candidates opposed to a so-called hard Brexit

2 min read

Home and dry: Election gives Hammond and Davis a lifeline

On Friday, Theresa May confirmed the Chancellor of the Exchequer and Brexit secretary would keep their jobs

2 min read

British Prime Minister and Conservative Party leader Theresa May speaks at the declaration at the election count at the Magnet Leisure Centre on June 9, 2017 in Maidenhead

‘Chaos and mayhem’ – City reacts to UK election result

Prime Minister's snap-election gambit spectacularly backfires

9 min read

What is a hung parliament – and what happens next?

Conservatives face tough decisions after losing their majority

3 min read

Election result throws up questions for top Tories like Chancellor Hammond (left) and Brexit secretary David Davis

Fund managers cross fingers for softer Brexit

There is no consensus from investors on what the election result will mean, but some hope it will throw the City a single-market lifeline

4 min read

CQS founder Michael Hintze

City chiefs dig deep for May in final election push

High-profile investor Sir Michael Hintze was the big donor in the last week of May, giving more than £250k

2 min read

European stocks search for firm footing

ECB policymakers may reduce inflation forecasts later today

3 min read

Election overtakes Brexit to stall City hiring

But individuals seeking work are 'optimistic' about the jobs market in the Square Mile

Whoever wins this election, the City loses

Concern about Brexit is just one of the things denting the Square Mile’s traditional support for the Conservatives

City faces ethnic pay disclosures – no matter who wins election

The 2017 election marks the first time all major parties have pledged to address the ethnicity pay gap

City must speak up on Brexit, and Westminster must listen

Gina Miller and Daniel Hodson - campaigners from both sides of the Brexit debate - are confident of a bespoke deal for the UK

3 min read

Prime Minister Theresa May launches the Conservative Party Election Manifesto, on May 18, 2017

Conservatives pledge bold moves on takeovers and pay

Theresa May's election manifesto promises some quite radical moves that are already raising eyebrows in the City

3 min read

The City’s big election worry: takeover intervention

Some of the City’s top M&A practitioners fear that having to get a transaction waved through by a politician could hit dealmaking

3 min read

News of Theresa May's call for a snap election disseminates on April 18

May’s election timing puts the squeeze on new City rules

Formal announcements on new regulations are effectively frozen for almost two months in the purdah period

6 min read

No easy options in Theresa May’s pensions dilemma

The triple lock that guarantees a rise in the state pension is a vote winner, but also a massive drain on public finances

3 min read