Long Knives In U.K. Politics Spells Falling Knives In U.K. Markets (Podcast)

Summary

Disunity over Brexit is leading to the treachery of long knives among British Prime Minister Theresa May’s fellow Tories.

Polls suggest that voters disfavor a party purge of Mrs. May and expect a general election to decide themselves on the UK leadership.

More significantly, historical precedent suggests that hung parliaments don’t last long before political treachery leads to an early vote.

Polls show that the Conservatives and Labour are closely…

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