May Retains Strong Lead in the Polls

Prime Minister Theresa May maintained her strong lead in opinion polls ahead of next month’s national election, with one analyst saying she was on course for the kind of huge success Margaret Thatcher enjoyed over 30 years ago.

May is asking voters to strengthen her hand as she seeks a mandate for her plan to implement the result of last year’s Brexit referendum by quitting the European Union’s single market.

Her Conservative Party made big gains in local elections last Thursday at the expense of the main opposition Labour party and polls published at the weekend, conducted beforehand, showed her with a commanding lead of up to 19 percentage points.

Reuters

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Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.