Ahead of UK Elections Scottish Party is Biggest Winner

May 5, 2015 Share Print 0

The theatrics expecting to follow Thursday’s U.K. election could turn out to be a Scottish play.

The Scottish National Party (SNP)’s representation in the U.K.’s central parliament is set to skyrocket to around 50 seats from just six, making it the third-biggest party in the House of Commons and putting it at center stage.

One forecast even suggests that the Nationalists—who led the push for a referendum on Scottish independence from the United Kingdom last year—could win every single one of Scotland’s 59 seats in Westminster.
Here, we take a look at why and how momentum has built behind the SNP and why the party will be important long after the election.

via CNBC

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Bio
Twitter
Google+
Latest Posts

Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.