Which sectors are next in line for political scrutiny?

ON UK

UK income sectors have been hit by a string of regulatory interventions. Simon Gergel, manager of the Merchants Trust, highlights the sectors that could be next.

Recent months have been an eventful period for income investors. We have had an unusual level of political and regulatory announcements and interventions across quite a few sectors where there are high yielding companies. Regulatory furore    Energy companies have been affected by furore over pricing and a subsequent referral to the Competition and Markets Authority. Insurance companies have been hurt by fundamental budget changes to annuity requirements, a subsequent charging cap and a potential FCA review of ‘back book’ accounts.  Betting companies have been hit by a surpris...