ING’s Chris Turner writes that Sterling has benefited from expectations Andy Burnham will appoint a fiscally cautious chancellor, alongside stale short positioning and M&A-related flows into United Kingdom (UK) equities.
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British Pound: Burnham honeymoon meets fiscal reality – ING
ING’s Chris Turner writes that Sterling has benefited from expectations Andy Burnham will appoint a fiscally cautious chancellor, alongside stale short positioning and M&A-related flows into United Kingdom (UK) equities.
FXStreet — Commodities Jul 20, 2026 1 min read