For some, the barrier is even lower. The pound may be punished only if the Tories fail to improve upon the 17-seat margin set at the last parliament, according to Lee Hardman, a foreign-exchange strategist at MUFG. Instead, investors will likely waste no time in looking past the outcome and on to how the Brexit talks unfold, he said.
This Is What the Size of May's Majority Means for the PoundCurrency traders are setting Prime Minister Theresa May a low bar on the majority her party should win at next month’s election in order for the pound to emerge unscathed. While some betting markets and models have predicted that May’s Conservative Party could win as many as 180 seats more than its rivals combined on June 8, even a 50-seat cushion may help sterling hold steady, analysts say. For some, the barrier is even lower.
Apple named world’s most value company in tech-dominated Forbes ranking - Tuesday 23 May Tech behemoth Apple has been named the most valuable brand in the world for a seventh consecutive year. The highly-regarded ranking, compiled by Forbes magazine, puts the iPhone makers’ brand value at $170bn, a 10 per cent increase on figure for 2016 and well ahead of second-placed Google, whose brand value has risen $19.3bn from last year to just under $102bn, according to Forbes.