Factions of the Labour Party

As the party creeps ahead in the polls, investors are assessing the likelihood of a Labour government being elected at the next general election, and what it might mean for future investment decisions and their current portfolios. When analysing the likely direction of party policy and its impact on investments it is important to understandRead more

What the Brexit white paper means for financial services

After a difficult few days of infighting over the ‘agreement’ on the UK’s negotiating stance reached at Chequers, government has published its long-awaited Brexit white paper. This sets out (some) detail on the UK’s vision for our relationship with the EU after Brexit. The paper was met with less than rapturous applause by MPs fromRead more

Beating the house: An investor’s guide to Labour’s housing policy

In many places across the UK the increase in house prices has earned more equity for owners than the average local salary. With such stellar growth it is no wonder housing assets continue to be of interest to large scale investors. Investment in housing has extended beyond the traditional arena of homes offered for retailRead more

Brexit Jargon: Customs Union, partnership, or facilitation?

With the Brexit negotiations reaching crunch time, the news has been full of speculation on the UK’s future customs relationship with the EU. This is the lynchpin of the Brexit deal and will affect everything from trade to immigration and, crucially, the Irish border. The government has consistently said that the UK will be leavingRead more

Take it back now: How Labour would nationalise energy

Recent years have provided respite for those who thought Down’s median voter theory – that democratically elected parties converge towards the centre – was fine and good but basically quite boring. On the left, the Labour Party has shifted its position on fundamental issues like the role of the state in the economy. As weRead more

Considering a Corbyn Government

A WA series on the Labour Party, and what a Labour government could mean for UK investment activity. With aggressive signals that a Labour government would “intervene to prevent hostile takeovers” through a broadened public interest test, scrap PFI and nationalise existing contracts, and reform taxation to treat carried interest as income rather than capitalRead more

Dial 114 for funds, the cracks in local authority finance

Conservative run Northamptonshire Council has become the first local authority in two decades to signal it is close to bankruptcy. The council issued a section 114 notice this month banning expenditure on all services except those it has a statutory obligation to provide to safeguard vulnerable people. The Council Leader cited “severe financial challenges” sayingRead more