Investors fear the pound will be hit if Liz Truss beats Rishi Sunak in Tory race

Far-reaching economic policies backed by UK Foreign Secretary Liz Truss would result in losses in UK foreign exchange and bond markets, according to investors from some of the top wealth managers.

brdn Investment Director Aaron Rock described their plans to aggressively boost government borrowing as the “biggest fear” for the gilts market. Bluebay Asset Management’s Kaspar Hense predicts the pound will fall 2 percent against the dollar if she is elected Britain’s next prime minister.

https://www.independent.ie/business/world/investors-fear-the-pound-will-take-a-hammering-if-liz-truss-pips-rishi-sunak-in-tory-race-41858934.html Investors fear the pound will be hit if Liz Truss beats Rishi Sunak in Tory race

Fry Electronics Team

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