Progeny: Early rate hike biggest risk to UK investors

Away from the ‘noise’ surrounding the UK general election, Progeny’s investment manager David Battersby fears the threat of an interest rate hike could be closer than investors think.

Progeny: Early rate hike biggest risk to UK investors
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One concern Battersby does have is that the strength of the majority Theresa May has been predicted to win could fall short.

“Everyone seems to think the Conservatives and Theresa May are going to win a landslide. What does worry me is if people go ‘I didn’t want to leave the EU’ and vote Lib Dem instead.

“If she has to stand at the table without a majority it could weaken her negotiating position.”

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