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. https://www.worldfirst.com/uk/blog/economic-updates/once-more-around-the-block/
blog article
ONCE MORE AROUND THE BLOCK
Sterling was a lot quieter yesterday than on Tuesday and has been able to hold up above the 1.30 level against the USD. The news that three Conservative MPs had resigned the whip to join The Independent Group knocked sterling lower initially before recovering. Losses of Labour MPs do not change the parliamentary mathematics; Conservative MP resignations however hurt the government’s majority and another three or four defections would make a confidence motion in the Conservative government a very tight affair. Therefore, the chances of an election have increased somewhat in the past few days. RACHEL HOCKING READ MORE