Labour victory ‘would be good news for the pound’; euro weakens after European elections – business live
Business, Economics, Stock markets, FTSE, Euro, Currencies, Sterling Business | The Guardian Rolling coverage of the latest economic and financial newsFrench banks are being hit by the political uncertainty created by Emmanuel Macron’s snap election.Société Générale shares have slumped by 5.4%, while BNP Paribas has lost 4.4% and Credit Agricole is down 4.1%.Investors are assessing Macron’s…