UK inflation to fall below zero in the event of a Conservative majority

Fathom Consulting // Insights // UK inflation to fall below zero in the event of a Conservative majority

Last October, as the prospect of an imminent ‘no-deal’ Brexit faded to nought, sterling rallied to 1.30 against the US dollar; in our central scenario, which sees the Conservative Party secure a workable majority in this week’s election, making parliamentary approval of the renegotiated withdrawal agreement more or less a formality, sterling approaches $1.40 by the end of this year…