# How the UK election could make or break the pound's run | Reuters

> Sterling has risen ahead of an expected Labour Party win in the July 4 UK election. Its outlook depends on whether the next government convinces investors its plans for the stagnant economy are credible, with weak growth and high debt posing risks.

- Date: 2024-06-26 · published 2024-06-26T12:00:00.000Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/30041-how-the-uk-election-could-make-or-break-the-pound-s-run-reuters
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Political risk around the election could cause swings in GBP/USD. Feed buyers pricing UK imports in dollars would see changes in landed cost only indirectly.

## Read by commodity

- GBPUSD: neutral

## Sources

- reuters.com: https://www.reuters.com/world/uk/politics-pound-how-uk-election-could-make-or-break-sterlings-run-2024-06-26/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.