The damaging impact of 'political limbo'

Election resulted in hung parliament

Katrina Lloyd
clock • 2 min read

What a difference a few months makes.

Sentiment among business leaders in the financial services sector stabilised in Q1 after slumping to its lowest level in nine years in Q4. However, this calm was about to be disturbed by Prime Minister Theresa May's decision to hold a snap election on 8 June, with damaging consequences as she lost her majority and the UK had a hung parliament. RLAM's Greetham: UK will slow if government continues with current strategy The Institute of Directors (IoD) has already warned uncertainty driven by the result of the election has thrown UK businesses into "political limbo" and it urged MPs ...

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