Moscow. June 9. INTERFAX.RU – the pound and the futures for UK equities decline on Friday on the background of the results of parliamentary elections that could deprive the conservatives an absolute majority in the House of Commons.
The rate of the British foot was falling on Friday morning against the dollar by almost 2% as investors fear a period of political uncertainty in the country. At 7:30 GMT it traded at to $at 1,2754, decreasing by 1.57%. Futures for the FTSE 100 are down 0.4%.
Conservatives get so far, only 301 of 650 seats and could win, according to forecasts, 314-318 seats after the counting of all votes, however, will not get absolute majority and form the Cabinet, they will have to seek allies. The formation of the Cabinet can be charged in this situation, the labour party, who do not support the strict version of the negotiations on Brexit. In any case, a “hung” Parliament would weaken the position of London in the negotiations with Brussels.
