Brexit has not been in the headlines of late, but that could change later in the week, when European Parliament elections take place. The election for the European Parliament could boost anti brexit parties, as the Conservatives are expected to make a poor showing.
Key issues in the election, which covers all 28 member EU states, include the economic slowdown, the migrant crisis and the rise in Euroskpeticism.
Euro-skeptics increased their representation in parliament from 12% to 25% in the last election, and with the dramatic increase in strength of populist parties, this trend could well continue. This could weigh on the British pound which plunged 2.1% last week, while boosting the FTSE, as investors seek alternatives to the wobbly British currency.
