Russell Silberston: The scene is set for a rally in sterling

'Everybody hates it'

clock • 2 min read

Russell Silberston explains why he is looking favourably on sterling despite market jitters ahead of the UK's exit from the European Union.

The UK has had two female Prime Ministers. The first of them, Margaret Thatcher, made a speech at Lancaster House on 18 April 1988 challenging business to embrace the "opportunities presented by the completion of the Single Market in the European Community in 1992".  The second, Theresa May, speaking in exactly the same place, on 17 January 2017, vowed to take us out again. The speech brought some welcome clarity about how the government intends to negotiate an exit from the European Union and, in effect, fired the starting gun for the Brexit process. In line with what appears to be g...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Navigating an uncertain environment: Applying a disciplined, data-driven approach

Navigating an uncertain environment: Applying a disciplined, data-driven approach

'​Looking ahead, the fundamental case remains constructive'

Fahad Hassan
clock 28 April 2026 • 2 min read
UK inflation rises to 3.3% in March as Iran conflict impacts fuel prices

UK inflation rises to 3.3% in March as Iran conflict impacts fuel prices

Motor fuel rose 4.7%

Michael Nelson
clock 22 April 2026 • 2 min read
UK inflation data for February 'little more than a relic' as it holds at 3%

UK inflation data for February 'little more than a relic' as it holds at 3%

Uncertainty over central bank rates

Michael Nelson
clock 25 March 2026 • 3 min read