Sterling rose to a near seven month high against the euro yesterday after the release of a YouGov poll on Wednesday evening. It was up throughout the morning and fell slightly in the afternoon, but still maintained a strong level.
The Institute of Fiscal Studies released the findings of an investigation into the credibility of party manifestos yesterday morning. Both the Conservatives and Labour were criticised over their spending plans.
Meanwhile, the Labour Party have announced that they will adjust their campaign strategy, particularly in Leave voting areas, to try to narrow the Conservative lead further. The plan is designed to appeal to those who voted for Brexit, giving a higher profile to shadow cabinet members who voted Leave and sending more activists to Leave areas. They will launch regional manifestos today.
Consumer confidence figures were released for the UK this morning, remaining unchanged at -14 for November and matching expectations.
This afternoon, we’ll see the release of consumer credit and mortgage figures. Consumer credit is expected to rise month-on-month.
