15 April 2010

Opinion Poll Shows Tories are Gaining Ground

According to an opinion poll, the Conservative opposition party have managed to gain more points in their lead over the Labour party in the run up to the elections.

The news that one party may make a clear majority win over the other caused the pound to shoot up to a seven-week high against the US dollar and the euro on the foreign exchange market.

Overall the pound has had a relatively strong week, due mainly to positive data from the retail sector while latest figures showed a shrink to the country's trade deficit.

Whether or not the Tories will prove better leaders (if they really do win) or whether investors are simply happy that there is a clear leader at all remains to be seen.

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