Institution: UK financial assets are expected to face long-term uncertainty.

date
15/05/2026
Neil Mehta from RBC BlueBay stated that financial assets in the UK may face political risks for a considerable period of time. He said that Prime Minister Keir Starmer's days are numbered, with the Labour leader currently facing calls from several MPs and former ministers to step down. Mehta mentioned that his successor could come from the left wing of the party and would face an uncertain environment. He said, "British financial assets and the pound appear to be likely to bear a higher political risk premium for a significant period of time."