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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Global wave of elections could hit UK financial system, warns Bank of England

A poster of French President Macron on a news stand in the rain as people walk by
Emmanuel Macron’s snap legislative poll is expected to have big consequences in France and beyond. Photograph: Artur Widak/NurPhoto/Rex/Shutterstock

Uncertainty caused by a global wave of elections, starting this weekend in France, risks destabilising the UK’s financial system, the Bank of England has warned.

Officials are concerned about the kind of policies that newly elected governments may enforce in large economies, including the US, where Donald Trump is vying for another term as president in the run-up to the election in November.

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