UK politics: New leader, old problems

Prime Minister Boris Johnson must "raise his game from sloganeering"

Janus Henderson's Paul O'Connor

Janus Henderson's Paul O'Connor

As widely expected, Boris Johnson has become the new leader of the Conservative Party and Prime Minister. He inherits a divided government without a Parliamentary majority, an economy on the brink of recession and a country polarised by the toxic topic of Brexit.

With the clock ticking ahead of the 31st October deadline, investor focus now inevitably moves to Brexit and will stay there for many months to come. New leader, old problems Although it is now more than six years since David Cameron announced the UK would hold a vote on its membership of the European Union (EU), the outlook for Brexit remains highly uncertain. No meaningful progress has been made in negotiations with the EU this year but the pressure continues to mount as the clock ticks down to the 31 October deadline. MSCI: 'Still room for further losses' under hard Brexit ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Investment