May 14, 2019 / 8:44 AM / 2 months ago

JPMorgan says UK PM May unlikely to survive beyond the end of June

LONDON, May 14 (Reuters) - U.S. investment bank JPMorgan said on Tuesday it was difficult to see British Prime Minister Theresa May surviving beyond the end of June.

“Although PM May’s survival skills have been impressive to date, our sense is that the sand is finally running out of the hourglass for her leadership of the Conservatives,” JPMorgan said.

“In our view, it is difficult to see May’s leadership extending beyond the end of June,” the bank said. (Reporting by Guy Faulconbridge; editing by Michael Holden)

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