London shares tick lower

By Mark Shapland For This Is Money Published: 03:13 EDT, 12 June 2017 | Updated: 03:13 EDT, 12 June 2017 London shares made a negati

Mark Shapland For This Is Money

London shares made a negative start to the week after last night the Prime Minister reappointed Michael Gove, a long-serving cabinet minister who had clashed with Theresa May when she was home secretary, as environment minister.

The election and Brexit remain the hot topics of debate in the City, with many traders questioning how long the Prime Minister can last and whether next week’s Brexit talks will start on time.

Meanwhile across the Channel French President Emmanuel Macron’s new party ‘En Marche’ has swept the board in the first round of French parliamentary elections.

Investors will also have their eyes on central bank rate meetings this week, including an expected interest rate rise from the US Federal Reserve, while the Bank of England and the Bank of Japan are expected to leave interest rates unchanged.

Traders are worried about the outcome of the UK election, particularly what it means for Brexit

Traders are worried about the outcome of the UK election, particularly what it means for Brexit

Traders are worried about the outcome of the UK election, particularly what it means for Brexit

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