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Tory leadership debate does little to help the pound
Sterling has remained under a lot of pressure against a number of currencies including vs the Swiss franc.
The Tory leadership race is now down to 5 candidates after former Brexit secretary Dominic Raab only managed to get 30 votes. This was short of the required 33 to progress to the next round.
Last night we had the live television debate involving the last five candidates. It appears as though Boris Johnson is the clear leader with 126 votes in the recent ballot. However, the debate didn’t really provide much positive progress as the potential candidates did little to add to their campaign. Whilst Boris Johnson has suggested that leaving the European Union