United Kingdom election goes from boring to dramatic as contest tightens

May’s lead falls

May’s lead falls

The findings again weakened sterling which had earlier fallen nearly a cent against the USA dollar on the YouGov model before rising on a Kantar poll which showed May's lead had increased to 10 percentage points.

Caxton FX Analysis, Alexandra Russell-Oliver said: "Sterling stumbled as a YouGov prediction found that the Conservatives could fall short of an overall majority". Strategists at the time said that investors were buying the pound on hopes that a vote would strengthen Ms May's hand in Brexit negotiations.

Sterling fell on Friday on concerns May's lead was under pressure but climbed to the day's high against the dollar on Tuesday after the ICM poll.

In the strongest signal yet that the election is much closer than previously thought, May's lead has collapsed from 24 points since she surprised both rivals and financial markets on April 18 by calling the election.

While doubts over polling remain after a failure to predict the UK's 2015 election result, the market has been shocked out of its pre-election complacency by mounting evidence that the race between May and Labour's Jeremy Corbyn is getting tighter.

"We're used to this ahead of elections".

But if she does not handsomely beat the 12-seat majority Cameron won in 2015, her electoral gamble will have failed and her authority could be undermined just as she tries to deliver what she has told voters will be a successful Brexit.

YouGov's chief executive, Stephan Shakespeare told The Times that the model used on this latest poll had been tested before the European Union referendum previous year when it consistently put the Leave campaign in the lead.

YouGov said May was still the most favoured choice for prime minister, though her 43 percent rating is the lowest it has ever been.

This is down to the popularity of labour leader Jeremy Corbyn rising while Theresa May's popularity has slumped. The currency remains about 13 per cent lower against the dollar since last June's Brexit referendum but it's up for the year and rallied sharply after Ms May called for a general election.

More opinion polls could see the Conservative lead whither but analysts say that the Labour party's stance on tax and spending are likely to play a large part in the decision making process.

"The sharp recent reduction in the party's lead, poor poll reliability in past votes, plus an unusually high level of uncertainty about the key issues and how different groups could vote, make this election tricky to call", he said.

Recommended News

  • David Gergen: Kushner Might Want to Take Leave of Absence

    David Gergen: Kushner Might Want to Take Leave of Absence

    Don Beyer (D-Va.), who organized the letter, said in a statement Wednesday that " Jared Kushner can not be trusted". Comey could testify as early as next week, when the Senate returns to Washington . "Rep.
    Pacific Alliance

    Pacific Alliance "Profoundly Disappointed" By Trump's Climate Change Decision

    Paris" mayor Anne Hidalgo backed him up on Twitter , adding: "Paris and Pittsburgh do stand together for the Paris agreement '. It may be years before the country can formally exit the deal, but Trump said he'll immediately halt implementation.

    Lebanon seeking to ban Wonder Woman over Israeli star Gal Gadot

    Most notably, Patty directed Monster in 2003, another movie about badass women, so she had some experience. Wonder Woman was created in 1941, yet this is her first solo feature film.
  • Amazing features on Google Maps

    Amazing features on Google Maps

    Add a parking lot or garage to your destination Google Maps can direct you straight to your chosen parking lot or garage. Create your own custom map You can create your own custom map with places that matter to you or your favourite places.

    Theresa May: 'I had the balls to call an election'

    Once we got onto the harder questions, of nurses' pay and mental health, she did start to build her usual defensive stone walls. Abigail Eatock - a Ukip supporter - won loud applause as she told the PM: "You said you wouldn't call an election and you did".
    Jared Kushner White House braces for more scrutiny, Trump defends embattled son-in-law

    Jared Kushner White House braces for more scrutiny, Trump defends embattled son-in-law

    The FBI is interested in the details of Kushner's meeting with Kislyak, a meeting that the White House first disclosed in March.
  • House Intelligence Committee issues subpoenas for Flynn, Cohen

    Another senior committee aide said any subpoenas related to the unmasking issue would have been sent by committee Chairman Rep. The former White House National Security Advisor Michael Flynn (c.) has been subpoenaed by the House Intelligence Committee. .
    North Korea fires third test missile in as many weeks

    North Korea fires third test missile in as many weeks

    US President Donald Trump was also briefed on the North's provocation, a White House official said. South Korea's military says the missile flew almost 450 kilometers before landing in the sea.
    Europe & China reaffirm commitment to combat climate change

    Europe & China reaffirm commitment to combat climate change

    The world largest economy now joins Syria and Nicaragua as one of only three countries to not be part of the Paris Agreement. Mr Trump on Thursday characterised the Paris agreement as a deal that aimed to hobble, disadvantage and impoverish the US.
  • Spider-Man: Homecoming Gets Two New Posters With Too Much Iron Man

    Spider-Man: Homecoming Gets Two New Posters With Too Much Iron Man

    The first is a domestic poster, with the second being worldwide . It also reveals more about the film and its plot. The film is scheduled for release July 7.

    Corbyn: It's a shame PM has not joined in head-to-head debate

    Mr Corbyn - who claims he was trying to make peace in Northern Ireland - replied that killings on all sides were indefensible. She added: "We are putting record levels of funding into the NHS and will continue to put money into the NHS".

    Nadal hoping for birthday present from Real Madrid

    Juventus goalkeeper Gianluigi Buffon knows he can not let slip this chance to finally fulfil his dream of Champions League glory. Now a victory over Juventus on Saturday night will make him the overwhelming favourite to win his fifth Ballon D'or.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.