May Rules Out Debate Appearance

U.K. Labour leader Jeremy Corbyn said he will take part in a seven-way general election debate on Wednesday night as Prime Minister Theresa May stuck to her position that she would rather address voters than confront her rival on live television.

The BBC, which is hosting the debate at 7:30 p.m., confirmed that Corbyn had decided to attend, while a Conservative Party spokesman said that May had no plans to join him. The prime minister has seen her once-comfortable poll lead erode a week before the vote.

The pound dropped to the weakest in five weeks, as a new polling model showed the election could produce no clear winner. That prompted investors to reassess the election that a month ago looked set to produce an overwhelming majority for May.

Bloomberg

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