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London Stocks, Pound Climb As Britons Head To Polls

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Britain’s Prime Minister and Conservative Party leader Rishi Sunak delivers a speech during his final rally at Romsey Rugby Football Club, in Romsey, Hampshire, July 3, 2024 as part of a campaign event in the build-up to the UK general election on July 4. London’s stock market and the pound advanced versus the dollar Thursday as Britons voted in a general election expected to be won by the centre-left and main opposition Labour party.

In UK company news, shares in British medical equipment maker Smith & Nephew rallied seven percent after Swedish activist investor Cevian snapped up a five-percent stake.

 

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