Election promises little relief for troubled UK markets December 10, 2019 | City Talk The election represents another ‘key risk’ moment for UK assets. Depending on the result, some parts of the UK stock market could suffer heavily, while others might be beneficiaries of a surprise result. This is the dangerous part – trying to work out what comes next. Memories of the predictions made before Brexit and Trump [...]
How do UK general elections impact the stock market? December 10, 2019 | City Talk General elections can have a profound long-term effect on the economy and people’s lives. The impact of elections on the stock market is less understood. Analysing the last seven UK elections, there is no definitive pattern as to how markets react, although there are historical patterns that may help investors and traders prepare for the [...]
Whoever wins this election, our politics will remain in flux December 10, 2019 Nothing except an election lost can be half so melancholy as an election won. That’s what the Duke of Wellington might have said after he swapped the battlefield for politics. Come Friday morning, each of the major parties will be reckoning with the result — and may find pain in victory as well as defeat. [...]
General Election: Who are City workers voting for? December 10, 2019 Two days ahead of the general election, politicians are travelling up and down the country to hammer home their campaign messages. However, for many in the City, neither Labour nor the Conservatives offer stability or financial certainty. Financial services will be the primary target of a Jeremy Corbyn-John McDonnell government, but Boris Johnson’s promise to [...]
Election 2019: Boris Johnson says Labour’s Ashworth ‘absolutely right’ on Corbyn December 10, 2019 Boris Johnson has said Labour’s Jon Ashworth is “absolutely right” about Jeremy Corbyn, after a recording of the shadow health secretary criticising his leader emerged today. The recording, leaked to Guido Fawkes by Ashworth’s Tory activist friend, reveals the Leicester South candidate admitting Labour’s prospects are “abysmal”and “dire” in towns in the Midlands and the [...]
General Election: Boris Johnson breaks Brexit ‘gridlock’ in JCB digger December 10, 2019 As Thursday’s General Election nears, Boris Johnson has been driving home his Brexit message – by driving a JCB into a wall. In a visit to a factory in Stafford, the Conservative leader drove one of the vehicles, which was specially branded with Union Jacks, through a white polystyrene wall with “gridlock” written on it. [...]
Wetherspoon’s boss Tim Martin says he is concerned about Labour’s plans for the economy December 10, 2019 Wetherspoon’s boss Tim Martin said today that he is concerned about the Labour Party’s plans for the economy. “I’m worried by [Jeremy] Corbyn and [John] McDonnell’s plans. Wetherspoon has thrived in a free market economy under Conservative and Labour governments and the current Labour leadership prefers state ownership and control,” he told City A.M. A [...]
Trump impeachment: House Democrats charge President with ‘high crimes and misdemeanours’ December 10, 2019 The Democrats have unveiled formal impeachment charges against US President Donald Trump today. The Trump impeachment charges concern withholding military aid from Ukraine in a bid to pressure the country into opening an investigation into the President’s political rival, Democrat Joe Biden. Jerrold Nadler, the House Judiciary Committee chairman, charged Trump with “high crimes and [...]
London Bridge attack: Jack Merritt’s father hits out at Boris Johnson for using son’s death to ‘score political points’ December 10, 2019 The father of Jack Merritt, who was killed in the London Bridge attack in November, has accused Boris Johnson of exploiting his son’s death for political gain. In his first television interview since the attack on 28 November, David Merritt told Sky News that instead of “a tragedy, Boris Johnson saw an opportunity.” Read more: [...]
General Election guide: How to watch and what to watch for December 10, 2019 Politics nerds rejoice, for it’s just two sleeps until the most wonderful time of the year – General Election polling day. At the end of a long campaign of gaffes, awkward interviews and the occasional bee protester, it’s time to sit back and watch the votes roll in. Read more: General Election: Johnson ratchets up [...]