04 June, 2017
The latest YouGov model predicts that the Conservative Party under the leadership of Theresa May would lose 20 seats while the opposition Labour Party would win 30 additional seats resulting in a hung parliament with no majority. The main opposition Labour Party's share of the vote was unchanged at 33 percent.
But her Conservative Party remained on 43 percent according to a survey conducted by Survation for ITV's Good Morning Britain programme, seeing their lead drop as support for Labour rose 3 percentage points to 37 percent.
Recent opinion polls have showed the gap between the Conservatives and Labour closing. An ICM poll for the Guardian newspaper will be published later on Tuesday.
If so, there is a risk that she is replaced by a more "hard-Brexit" advocate as the country enters exit negotiations with the European Union on June 19.
Strategists at JPMorgan said the pound could be boosted if a center-left coalition that supports a "soft Brexit" - whereby Britain maintains a close relationship with the European Union - takes power.
Questions continue to mount over how much Britain knew about Salman Abedi, responsible for the deadliest militant attack on British soil for 12 years. May was interior minister from 2010 to 2016.
British Prime Minister Theresa May was fighting to shore up her general election campaign on Wednesday after a shock projection forecast a hung parliament and left the pound wobbling.
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