Sterling has slipped to an eight week low against the dollar, as some investors turned nervous over a second Scottish independence referendum and the triggering of Brexit negotiations. But, as David Pollard reports, the Fed – and an expected U.S. rate rise – remained the main focus, with worries over elections in France and the Netherlands appearing to recede. Continue reading
London’s financial markets rally on the news of David Cameron’s Conservatives shock outright win in the UK’s general election, but some residents in the capital worry what the impact of the Scottish nationalists’ huge victory will be on the rest of the country.
GLASGOW, SCOTLAND, UNITED KINGDOM (MAY 8, 2015) (ITN) – Scottish nationalists could take nearly every seat in Scotland but be shut out of any role in the British government, according to an exit poll after voting ended in Britain’s national election on Thursday (May 7).