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UK election uncertainty: Is Britain's credit rating at risk?
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The polls are still too tight to call in May's UK election which is continuing to cause uncertainty in the FX markets. Saxo's Chair of Capital Markets, Nick Beecroft, discusses whether this combined with the country's large current account deficit is putting the UK's credit rating at risk.
Despite nervousness in the build up to the election, Beecroft explains why UK equity and bonds are not being hit.
He also looks at UK inflation, and whether Britain is heading towards deflation.