Labour’s McDonnell: No run on sterling if we win election

Britain's Shadow Chancellor of the Exchequer John McDonnell speaks on the economy in London, Britain, December 9, 2019. REUTERS/Thomas Mukoya

LONDON (Reuters) – Britain’s opposition Labour Party is not expecting a run on the pound if the party wins Thursday’s election, Labour’s would-be finance minister John McDonnell said on Monday, adding that he thought the currency could rise instead. Asked what his plan to stop a selloff in sterling would be, McDonnell said: “There wouldn’t […]

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