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15 on fears of hung parliament The YouGov findings contradicts other surveys during the campaign so far, suggesting Theresa May faces losing her majority rather than extending it.
The pound fell by more than a euro cent from a peak of 1.154 at the open of London trading to 1.143. Against the dollar it dropped only half a cent from $1.282 to $1.277 but later recovered to $1.285. Sterling had made gains up to this month to a ten month high of nearly 1.20 and an eight month high of more than $1.30 as traders bet on a firm win and a stronger mandate for Theresa May's Government. But fund manager Matt Brennan at Brown Shipley said that although the poll is controversial 'even on a "good night" it only expects the Tories to get 345 seats, a majority of just 20 and a long way short from the expected majority of 100+ just a couple of weeks ago'. 'A hung parliament would represent a weak government (as we experienced in 2010 15) where it is hard to get policy through,' he added. 'This would in no doubt leave the UK in a much worse position for Brexit negotiations, and this is starting to be reflected in both the currency and bond markets the 10 year gilt briefly moved below 1% (settling at 1.01% this morning), sterling is almost 2% below its recent $1.305 peak and down almost 4% against the euro in May.' Most watched Money videos The new pandora earrings Nissan Qashqai will be in the showrooms from next month Instant karma!: Thief stopped by lorry driver quick thinking Jaguar Land Rover teases the opening of its classic car tour Investing Show: Are stockmarkets too expensive? Is this the best car used advert ever? Vitara gets CGI treatment Rolls Royce showcases its bespoke capabilities in stylish car Unsettling digital safety advert will make you think twice online The world largest luxury car Machine in Singapore Footage showing the amazing evolution of the Porsche 911 Carrera Should you worry about the election and your investments? How should investors deal with the UK election result? Investing Show: John Redwood on whether Trump can deliver Sainsbury's to buy convenience rival Nisa in 130m deal,. Daily Briefing: Possible deal as Scottish Widows in line. Jaguar Land Rover jobs drive for engineers who can create. MARKETS LIVE: FTSE up as David Davis begins Brexit talks. ALEX BRUMMER: Hammond must be heard 'failure to secure. Private equity giant Blackstone backs UK property by. Brexit vote fuelled 146bn betting frenzy in City amongst. Co op Bank in 'advanced talks' with investors over. Women's retailer Bonmarch suffers 40% profits fall as. Britain's holiday rental market booms as the weak pound. MIDAS SHARE TIPS UPDATE: Vital signs are improving at. A surprise surcharge AFTER you have paid it's the. Roaming may now be 'free' when you're abroad but you. 'Brexit is a lose lose proposition, harmful both to. Sainsbury's to buy convenience rival Nisa in 130m deal,. North South divide opens up in buy to let market pandora bracelet for kids as study.
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