The pound has fallen to six month lows this morning ahead of a potentially volatile week. The Conservative leadership contest continues, with the first live television debate occurring yesterday evening, and a second to take place tomorrow. During the debate yesterday, the five candidates clashed over their approaches to taking Britain out of the EU. The front runner, Boris Johnson, failed to turn up.
The pound was looking weak against the euro on Friday, as it continued to suffer from Boris Johnson’s win of the first Conservative leadership ballot. This week, further votes will take place to whittle the candidates down to a final two. Tory Party members will then choose who takes the job of Prime Minister.
