# UK general election – here we go again | IG Bank Switzerland

> Prime Minister Theresa May called a snap UK general election, and polls suggest the Conservatives would gain seats. Sterling rose to three-month highs and the FTSE 100 fell below 7200 on the news.

- Date: 2017-04-18 · published 2017-04-18T12:00:00.000Z
- Category: policy · region UK · magnitude medium
- Page: https://feedsoft.ai/events/71728-uk-general-election-here-we-go-again-ig-bank-switzerland
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A stronger expected Conservative majority supports the pound, which lowers the sterling cost of imported feed ingredients and tends to ease UK import price pressure.

## Read by commodity

- GBPUSD: bullish ▲

## Sources

- ig.com: https://www.ig.com/en-ch/market-news-and-analysis/view-ig/uk-general-election--here-we-go-again-37787-170418

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