Sterling suffered in the weeks leading up to Boris Johnson's Tory party leadership win, which made him UK Prime Minister, with investors wary of his apparent willingness to allow a no-deal Brexit and for the UK to become the first country in the world to trade solely on World Trade Organisation rules.
Johnson has built a reputation for being somewhat vague on potential policies, while it is also unclear what new Chancellor Sajid Javid will focus on, although being a former banker and City Minister he has experience of financial services. Brexit Blog: FCA extends temporary powers However, Johnson has given some clues as to his approach to Brexit, tax and spending. Here, Investment Week looks at some commentary highlights from investment professionals on the outlook for UK assets. Sterling Colin Dryburgh, co-manager of the Kames Diversified Growth fund "Given certain strong...
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