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23rd Aug 2023 20:14U.K., Daily Monitor

  • Investors will soon start to consider the impact of the next general election; we expect it to be held in H2 2024.
  • Markets should be less affected than usual, given a Labour majority with centrist policies looks most likely.
  • Sterling will also be less sensitive to sentiment changes in 2024, due to a smaller current account deficit.

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Keywords for: 25 August 2023 UK Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence