British Prime Minister Theresa May was fighting to shore up her general election campaign on Wednesday after a shock projection suggested she could lose her parliamentary majority, leaving the pound wobbling.
"Speculative short positions have been unwound, leaving sterling looking for fresh direction".
Prime minister Theresa May called the general election in April when her party held a comfortable lead in the polls, but public opinion has wavered since the parties published their manifestos. But will they? Turnout among young voters has traditionally been poor, a trend summed up nicely by one Conservative candidate to the Huffington Post this week.
Labour leader Jeremy Corbyn will take part in a live televised debate today, hoping to capitalise on his party's momentum as it narrows the gap with the ruling Conservatives ahead of the June 8 election. If Wednesday's poll had used the previous poll's methodology, it would have shown the Conservatives' opinion poll lead narrowing by 6 percentage points, Panelbase said.
Pressed on Labour's plans if it ends up as the second largest party, Corbyn, at the same campaign event, insisted: "We are fighting this election to win...if you want a Labour government vote Labour, that's the best way of getting it".
The Electoral Calculus website, which predicts the results based on polls and electoral geography, said May would win 371 seats and Labour 205 seats.
"Memorably punchy YouGov seat projection is sophisticated analysis of micro-data, not polling", Andrew Cooper, the co-founder of Populus Ltd., and a former adviser to David Cameron, said on Twitter.
Russia's military presence in Pacific response to United States buildup in region: Putin
Japan claims sovereignty over four southernmost Kuril Islands, which the USSR captured during World War II. Russian President Vladmir Putin has denied that Russia has had any involvement with hacking .
YouGov firm acknowledged that its predictions were controversial and that they suggested big swings in the usual voting patterns for many Britons.
Other recent polls such as ComRes and ICM have suggested Labour would gain some ground on the Conservatives, but the Tories would prevail and maintain a majority.
Sterling dropped last week, rounding off the worst week this year.
The pollster said the approach was used during the European Union referendum and consistently showed voters backed Leave.
The YouGov research, based on 50,000 interviews, allowed for big variations in the outcome of the election, ranging from a Tory total number of seats as high as 345 to as low as 274.