The threat of Labour's Jeremy Corbyn is keeping domestically-focused UK stocks out of favour

Political uncertainty an issue

clock • 2 min read

UK growth sadly is a rather challenging subject to write about given that it does not really exist at the moment.

The Office for Budget Responsibility has slashed its GDP forecasts again and is now predicting a measly 1.3% expansion for 2018. While measures of eurozone confidence touch record highs and US economic growth exceeds expectations, the UK investment landscape looks far less appealing. Brexit negotiations continue to cast a shadow over market sentiment, and the threat of Labour's Jeremy Corbyn is keeping domestically-focused UK stocks out of favour. A UK portfolio should not be seen as a low-risk investment. Although the FTSE 100 index has a more international focus, the long-term gr...

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