Opinion polls move markets. Sometimes they are right, in predicting election outcomes. Sometimes they are wrong. For example, biases or errors in the selection of the sample size limit the usefulness of opinion polls as a predictive tool. This is why at Heritage Pay, we are treating the current rush of wildly different results of the opinion polls, of the upcoming UK election, with a healthy dose of skepticism - despite the fortunes of sterling seemingly being heavily influen

The UK financial markets are focused on the upcoming general election. The campaign is now in full swing with most parties have launched their manifestos and a string of live and likely-to-be-lively TV debates lined up. A snap poll following the first debate showed the PM as only a marginal winner 51% to 49%. However, the Conservatives continue to hold a strong lead in polls regarding the likely result of the election. So far, the impact of the campaign on market pricing seem

Sterling's onward march continues with the currency touching a fresh 6-month high against most majors. This was due to the currency markets ignoring the week’s macro-conomic UK data releases. UK GDP, employment and earnings data, CPI inflation and retail sales, all came out on the weaker side. However, as has been broadly the case for the past three years, politics dominated with the 12 December election remaining the centre of attention. Polls suggest that support for both C