British Pound: Political transition seen as upside risk to EUR/GBP – ING

ING’s Francesco Pesole highlights that Andy Burnham’s by-election win paves his way to become UK Prime Minister, with betting markets expecting a transition by late summer. The absence of a political risk premium in Pound assets suggests investors see limited fiscal disruption.

Jun 20, 2026 0 0

British Pound: Political transition seen as upside risk to EUR/GBP – ING

ING’s Francesco Pesole highlights that Andy Burnham’s by-election win paves his way to become UK Prime Minister, with betting markets expecting a transition by late summer. The absence of a political risk premium in Pound assets suggests investors see limited fiscal disruption.