Most polls suggest current Prime Minister Theresa May is expected to win over Jeremy Corbyn's Labour party in the upcoming U.K. elections. But it's not as much as about her retaining power, as it is about the margin she wins with, said Andrew Freris, chief executive officer, Ecognosis Advisory.
UK will be back to square one, even if she manages to take the Conservative Party past the goal post because she will have to deal with unruly party members, said Freris in an interview to BloombergQuint.
May's insistence that “no deal is better than a bad deal” is another point of friction that could trigger a backlash from the European Union, Freris added.
While the UK elections and its outcome will create a ‘messy uncertainty' it won't impact the Indian economy as such, said Freris, who believes India's non-dependence on exports will shield it from global uncertainties.
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