In U.K. Election, Many Investors Want the Tax-Raising Socialist - News Summed Up

In U.K. Election, Many Investors Want the Tax-Raising Socialist


Jeremy Corbyn is a self-described socialist who says he will raise taxes and nationalize industries if his Labour Party wins Thursday’s U.K. election. Some investors hope he does win. The seemingly counterintuitive choice—markets typically welcome Conservative Party victories—says much about how Britain’s vote to leave the European Union has upended the way investors view U.K. politics. Many investors say that Brexit will...


Source: Wall Street Journal June 07, 2017 14:36 UTC



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