A Hung Parliament
“Should the Conservatives fail to win a majority, a hung Parliament is likely to result in a Labour-led minority government, propped up with support from a number of smaller, pro-remain parties to lock Boris Johnson out of Downing St.
“While the uncertainty caused during potential coalition negotiations may pose a headwind, the likely holding of a 2nd referendum and possibility of a remain vote, combined with the likely tempering of Labour’s economic plans by smaller parties, should provide solid support to sterling over 2020.”
