{"id":374951,"date":"2010-03-01T07:21:16","date_gmt":"2010-03-01T12:21:16","guid":{"rendered":"http:\/\/www.businessinsider.com\/poll-tightening-brings-pound-speculators-out-in-force-as-they-fight-for-conservative-win-2010-3"},"modified":"2010-03-01T07:21:16","modified_gmt":"2010-03-01T12:21:16","slug":"forex-vigilantes-are-now-punishing-uk-voters-for-supporting-the-labour-party","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/374951","title":{"rendered":"Forex Vigilantes Are Now Punishing UK Voters For Supporting The Labour Party"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b6316fb000000000040acf3\/david-cameron-conservative-party.jpg\" border=\"0\" alt=\"david cameron conservative party\" \/><\/p>\n<p>The British pound is <a href=\"http:\/\/www.businessinsider.com\/pound-tanking-as-threat-of-british-hung-parliament-looms-2010-3\">getting crushed <\/a>this morning as a result of increasing uncertainty over the result of the UK election, which must occur by the end of May.<\/p>\n<p>This weekend saw Conservative leader David Cameron&#8217;s lead in the polls further erode <a href=\"http:\/\/www.thesun.co.uk\/sol\/homepage\/news\/2872243\/David-Cameron-Lets-tear-the-PM-apart-to-kick-him-out-of-No10.html\">down to a tiny 2%<\/a>. This leaves the Labour Party, under much maligned Prime Minister Gordon Brown, within striking distance of a shock victory and a <a href=\"http:\/\/www.businessweek.com\/news\/2010-02-28\/cameron-warns-of-real-fight-as-brown-narrows-gap-in-u-k-poll.html\">minority government in the UK<\/a>.<\/p>\n<p>This morning&#8217;s speculative attack has one of two purposes. It either intends to push the British voter back towards the Conservative Party after Cameron&#8217;s <a href=\"http:\/\/www.dailymail.co.uk\/news\/article-1254477\/David-Cameron-delivers-Conservative-Party-Spring-Forum-speech-Brighton.html\">hard hitting speech<\/a> over the weekend on attacking deficits and re-building British business. Or it is prediction that the election will result in a <a href=\"http:\/\/www.businessinsider.com\/why-a-hung-parliament-could-mean-credit-downgrades-for-the-uk-2010-2\">hung parliament<\/a> or a return to power for a Labour Party some consider big spending and weak on the deficit.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/poll-tightening-brings-pound-speculators-out-in-force-as-they-fight-for-conservative-win-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/wife-drops-c-word-as-war-breaks-out-between-british-chancellor-and-prime-minister-2010-2\">Chancellor&#8217;s Wife C-Word Rant Surfaces As New Storm Erupts In UK Government<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-greek-crisis-is-a-dress-rehearsal-for-a-major-speculative-attack-on-the-uk-2010-2\">The Greek Crisis Is A Dress Rehearsal For A Major Speculative Attack On The UK<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/ubs-says-dramatic-uk-cuts-could-kill-the-pound-2010-2\">UBS Says Dramatic UK Cuts Could Kill The Pound<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/EmWq3yk_tcw\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The British pound is getting crushed this morning as a result of increasing uncertainty over the result of the UK election, which must occur by the end of May. This weekend saw Conservative leader David Cameron&#8217;s lead in the polls further erode down to a tiny 2%. This leaves the Labour Party, under much maligned [&hellip;]<\/p>\n","protected":false},"author":1977,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-374951","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/374951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1977"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=374951"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/374951\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=374951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=374951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=374951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}