Main opposition Labour Party pledged to raise taxes on the sector if it wins a Dec. 12 election.
The manifesto says Labour will introduce a windfall tax on oil companies
Sterling inched higher on Thursday
Britain's Financial Conduct Authority said on Thursday that it wants banks to stop offering Libor-based interest rate swap contracts from the first quarter of next year.
We are waiting for the British decisions and the outcome of the elections.
Sterling fell for the second straight day on Wednesday