GBP surging against all major currencies.
Time to book some holidays!
Quite a clear signal which side institutional investors are on, who are consequently investing heavily in the UK based securities.
I think it’s safe to say that now that cloud of Corbyn’s frankly bonkers plans to nationalise key UK business has dissipated confidence is likely to rise albeit cautiously and we’ll see an uptick of inbound FPI.
I don’t think we’re out of the woods yet, first we need to get the withdrawal agreement finalised and crucially get to work on phase two of negotiations ready when we actually leave. My sense is it’s going to be a far bumpier ride than what the Conservative majority claims will be avoided.